Cost of living in Lewisville
Lewisville, located in the state of Texas, offers a unique blend of suburban charm and urban convenience. Understanding the cost of living in Lewisville is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11.92 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $34, with prices ranging from $34 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.05, with a range between $8.09 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $8, imported beer $5 to $10, cappuccino $3 to $8, and Coke/Pepsi $1.35 to $4.
Grocery Prices
- Milk - Milk is priced between $0.8 and $2 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.54 and $4.73, with an average price of $3.05.
- Eggs (Dozen) - A dozen eggs range from $1.95 to $6.99, averaging $4.31.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $11.02 per kg, while oranges range from $2.14 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.86 and $8.82 per kg, and lettuce costs $1.5 to $3.8 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.67 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.25 to $1.55 per km and $30 to $35 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $30,000 and $35,194.56, while a Toyota Corolla ranges from $25,756.11 to $30,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1100 to $1700, averaging $1333.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1000 to $1357, averaging $1185.67.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2000 to $3500, averaging $2633.33.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2000 to $3200, averaging $2400.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $182.99 and $378.2, averaging $286.13.
- Internet - Internet services range from $60 to $108, with an average cost of $85.23.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Lewisville offers a relatively affordable cost of living compared to larger metropolitan areas. Dining out is reasonably priced, with a variety of options available.
Grocery prices are moderate, though some items like fruits and vegetables can vary significantly in price.
Transportation costs are manageable, especially for those who own a vehicle, given the competitive fuel prices.
Housing is a significant expense, with rental prices varying based on location and size of the apartment.
Utilities and internet services are moderately priced, contributing to the overall affordability of living in Lewisville.
Conclusion
In conclusion, Lewisville, TX, presents a balanced cost of living that caters to a wide range of budgets. The city offers affordable dining and transportation options, making it an attractive choice for individuals and families alike.
While housing costs can be a major consideration, especially for larger apartments, the overall expenses remain competitive. Prospective residents should weigh these factors when considering a move to Lewisville.