Cost of Living: Miami, FL vs Lewisville, TX (2026)

Miami

Florida
129
VS

Lewisville

Texas
112

Miami is 15% more expensive than Lewisville.

$1,657/mo ↑ 5%
Median Rent
$1,572/mo ↓ 5%
$59,390/yr ↓ 30%
Median Income
$85,002/yr ↑ 43%
$475,200 ↑ 36%
Home Value
$350,200 ↓ 26%
$1,666/mo ↑ 2%
Owner Costs
$1,631/mo ↓ 2%
446,663
Population
128,313

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

33.5%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Lewisville, TX, the overall cost of living indices are 129 and 112 respectively (national median = 100). Rent is $85/month cheaper in Lewisville, saving renters about $1,020/year.

Median household income is $25,612/year higher in Lewisville. Home values also differ significantly — the median in Miami is $475,200 compared to $350,200 in Lewisville.

Frequently Asked Questions

Miami vs Lewisville — common questions

Is Miami or Lewisville cheaper to live in?
Based on our cost index, Lewisville is cheaper to live in with an index of 112 compared to 129 (US average = 100).
What is the rent difference between Miami and Lewisville?
Median rent in Miami is $1,657/month and in Lewisville it's $1,572/month — a difference of $85/month.
Which city has higher income, Miami or Lewisville?
Median household income is $59,390 in Miami and $85,002 in Lewisville. Median household income is $25,612/year higher in Lewisville.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Miami or Lewisville?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Lewisville has a cost index of 112 with rent of $1,572/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Miami details → View Lewisville details →

More Comparisons

Other cost of living comparisons for Miami and Lewisville

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