Cost of Living: Phoenix, AZ vs Lewisville, TX (2026)

Phoenix

Arizona
109
VS

Lewisville

Texas
112

Phoenix is 3% cheaper than Lewisville.

$1,458/mo ↓ 7%
Median Rent
$1,572/mo ↑ 8%
$77,041/yr ↓ 9%
Median Income
$85,002/yr ↑ 10%
$381,900 ↑ 9%
Home Value
$350,200 ↓ 8%
$1,430/mo ↓ 12%
Owner Costs
$1,631/mo ↑ 14%
1,624,832
Population
128,313

Tax Comparison

2.5%
Income Tax
0%
5.6%
State Sales Tax
6.25%
0.62%
Property Tax
1.6%

Affordability

22.7%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Phoenix, AZ and Lewisville, TX, the overall cost of living indices are 109 and 112 respectively (national median = 100). Rent is $114/month cheaper in Phoenix, saving renters about $1,368/year.

Median household income is $7,961/year higher in Lewisville. Home values also differ significantly — the median in Phoenix is $381,900 compared to $350,200 in Lewisville.

Texas has no state income tax, giving Lewisville residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Phoenix vs Lewisville — common questions

Is Phoenix or Lewisville cheaper to live in?
Based on our cost index, Phoenix is cheaper to live in with an index of 109 compared to 112 (US average = 100).
What is the rent difference between Phoenix and Lewisville?
Median rent in Phoenix is $1,458/month and in Lewisville it's $1,572/month — a difference of $114/month.
Which city has higher income, Phoenix or Lewisville?
Median household income is $77,041 in Phoenix and $85,002 in Lewisville. Median household income is $7,961/year higher in Lewisville.
How do taxes compare between Arizona and Texas?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Phoenix or Lewisville?
It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/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 Phoenix details → View Lewisville details →

More Comparisons

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