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Granite Falls, NC vs Lewisville, NC

74
Granite Falls
North Carolina
VS
-15.9%
87
Lewisville
North Carolina

There is a significant gap in the cost of living between these two cities. Granite Falls is 15.9% cheaper than Lewisville. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granite Falls to Lewisville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Granite Falls is $845/month compared to $1,059/month in Lewisville — a 20% difference. Home values follow the same pattern: Granite Falls is more affordable at $203,100 median vs $284,300.

Median household income in Granite Falls is $74,250 compared to $84,424 in Lewisville (-12.1%). The higher salaries in Lewisville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Granite Falls spend roughly 13.7% of their income on rent, less than the 15.1% in Lewisville.

Income & Cost

Cost of Living Index
Granite Falls
74
16% cheaper
Lewisville
87
Median Household Income
Granite Falls
$74,250
Lewisville
$84,424
12% higher

Housing

Median Rent
Granite Falls
$845
20% cheaper
Lewisville
$1,059
Median Home Value
Granite Falls
$203,100
29% cheaper
Lewisville
$284,300
Population
Granite Falls
4,921
Lewisville
13,655

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Granite Falls $2.97
Lewisville $2.97
US $3.07
🥚
Eggs (grade A, large)
Granite Falls $2.42
Lewisville $2.42
US $2.50
🥛
Milk (whole)
Granite Falls $3.90
Lewisville $3.90
US $4.03
🍞
Bread (white)
Granite Falls $1.79
Lewisville $1.79
US $1.85
🍗
Chicken breast
Granite Falls $4.01
Lewisville $4.01
US $4.14
Electricity
Granite Falls $0.16
Lewisville $0.16
US $0.19