Cost of Living: Minneapolis, MN vs Lewisville, TX (2026)

Minneapolis

Minnesota
102
VS

Lewisville

Texas
112

Minneapolis is 9% cheaper than Lewisville.

$1,329/mo ↓ 15%
Median Rent
$1,572/mo ↑ 18%
$80,269/yr ↓ 6%
Median Income
$85,002/yr ↑ 6%
$345,600 ↓ 1%
Home Value
$350,200 ↑ 1%
$1,513/mo ↓ 7%
Owner Costs
$1,631/mo ↑ 8%
426,845
Population
128,313

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.25%
1.11%
Property Tax
1.6%

Affordability

19.9%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Lewisville, TX, the overall cost of living indices are 102 and 112 respectively (national median = 100). Rent is $243/month cheaper in Minneapolis, saving renters about $2,916/year.

Median household income is $4,733/year higher in Lewisville. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $350,200 in Lewisville.

Texas has no state income tax, giving Lewisville residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Minneapolis vs Lewisville — common questions

Is Minneapolis or Lewisville cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 112 (US average = 100).
What is the rent difference between Minneapolis and Lewisville?
Median rent in Minneapolis is $1,329/month and in Lewisville it's $1,572/month — a difference of $243/month.
Which city has higher income, Minneapolis or Lewisville?
Median household income is $80,269 in Minneapolis and $85,002 in Lewisville. Median household income is $4,733/year higher in Lewisville.
How do taxes compare between Minnesota and Texas?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Minneapolis or Lewisville?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/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 Minneapolis details → View Lewisville details →

More Comparisons

Other cost of living comparisons for Minneapolis and Lewisville

Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita Lewisville vs. Norman Lewisville vs. Lehigh Acres Lewisville vs. Fargo Lewisville vs. Columbia Lewisville vs. Santa Clara Lewisville vs. Abilene