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Southlake vs. Flower Mound: Cost of Living Breakdown for 2025

Comparing the cost of living in Southlake vs. Flower Mound? Discover which North Texas city offers the best value for housing, taxes, utilities, and lifestyle. Explore home prices, property taxes, and more in this in-depth guide. Find your perfect home today!
Brian White  |  February 14, 2025

Southlake vs. Flower Mound: Cost of Living Breakdown for 2025


If you're considering a move to North Texas, two cities likely on your radar are Southlake and Flower Mound. These communities are known for their top-rated schools, luxury homes, family-friendly amenities, and strong community ties. But how do they compare in terms of cost of living?

Whether you're searching for a luxury home in Southlake or evaluating the cost of living in Flower Mound, this guide breaks down the key expenses, including housing, property taxes, utilities, transportation, and lifestyle costs.

1. Housing Costs: Southlake vs. Flower Mound

  • Cost of buying a home in Southlake, TX

  • Home prices in Flower Mound vs. Southlake

  • Luxury real estate in Southlake

Southlake and Flower Mound both offer high-end real estate, but home prices in Southlake tend to be higher due to larger lot sizes, luxury custom builds, and exclusive neighborhoods.

City Median Home Price (2025) Price per Square Foot Market Trends
Southlake $1.2M+ $340+ Highly competitive, luxury-driven
Flower Mound $700K+ $260+ Strong demand, mix of luxury & mid-tier homes

👉 Why Southlake? Homebuyers in Southlake often prioritize estate-style homes, gated communities, and proximity to Southlake Town Square.

👉 Why Flower Mound? Buyers looking for a balance of affordability and luxury find Flower Mound homes for sale to be a great option, offering spacious lots at a lower price point compared to Southlake.

2. Property Taxes & HOA Fees

  • Property tax rates in Southlake vs. Flower Mound

  • HOA fees in luxury communities in North Texas

Texas is known for no state income tax, but property taxes vary between cities.

City Average Property Tax Rate HOA Fees
Southlake 2.32% Higher in gated communities
Flower Mound 2.17% Varies by neighborhood

✔️ Southlake's tax rates are slightly higher due to larger home values and premium city services.

✔️ Flower Mound offers lower property taxes, making it a great option for buyers looking to save on annual housing expenses.

HOA Costs: If you’re buying in Carroll ISD in Southlake or luxury neighborhoods like Lakeside in Flower Mound, factor in HOA fees, which can range from $500–$5,000 per year depending on the amenities provided.

3. Utilities & Energy Costs

  • Monthly utility bills in Southlake vs. Flower Mound

  • Energy costs in North Texas homes

Texas summers mean high electricity bills, especially for larger homes.

Utility Southlake (Avg.) Flower Mound (Avg.)
Electricity $200–$350/month $180–$320/month
Water & Sewer $80–$120/month $70–$110/month
Internet $70–$150/month $60–$130/month

Flower Mound offers slightly lower utility costs due to the mix of home sizes and newer energy-efficient builds.

4. Commuting & Transportation Costs

  • Commuting from Southlake to Dallas
  • Public transportation in Flower Mound

Both Southlake and Flower Mound are car-dependent cities with limited public transit options.

Factor Southlake Flower Mound
Distance to DFW Airport ~10 miles ~14 miles
Avg. Gas Prices $3.50+/gallon $3.40+/gallon
Toll Roads Yes (Sam Rayburn, 114) Yes (Sam Rayburn, 35E)

Southlake has more direct toll road access to DFW Airport, Fort Worth, and Dallas, making it ideal for frequent travelers.

Flower Mound offers more suburban routes but still provides easy access to major highways.

5. Grocery & Dining Costs

  • Best restaurants in Southlake vs. Flower Mound

  • Cost of groceries in North Texas

Food costs in both cities are comparable, but Southlake offers more high-end dining options, while Flower Mound provides a balance of fine dining and casual eateries.

Category

Southlake (Avg.)

Flower Mound (Avg.)

Groceries (Family of 4)

$800–$1,200/month

$750–$1,100/month

Restaurant Dinner for Two

$80+

$50+

Coffee Shops

Premium chains & local cafes

Mix of local & national brands

✔️ Southlake: Expect to pay more at high-end steakhouses like Del Frisco’s or Truluck’s.

✔️ Flower Mound: More budget-friendly casual dining while still offering high-quality local restaurants.

6. Entertainment & Lifestyle Costs

  • Cost of family activities in Southlake vs. Flower Mound

  • Best golf courses in Southlake and Flower Mound

Activity

Southlake

Flower Mound

Gym Membership

$100–$300/month

$50–$150/month

Golf Club Fees

$5K+ initiation

$3K+ initiation

Movie Tickets

$15+

$12+

✔️ Southlake offers exclusive country clubs, private fitness centers, and luxury shopping at Southlake Town Square.

✔️ Flower Mound provides more budget-friendly recreation, with easy access to Grapevine Lake and local parks.

Final Verdict: Which City is More Affordable?

If you're looking for luxury and exclusivity, Southlake is the premium choice, offering estate homes, top-tier amenities, and excellent schools—but at a higher cost.

For buyers who want a balance of affordability and luxury, Flower Mound offers lower housing costs, lower property taxes, and a strong community atmosphere.

Which City is Right for You? Let’s Find Your Perfect Home

Deciding between Southlake and Flower Mound? Whether you're looking for a luxury home in Southlake or want to explore the best neighborhoods in Flower Mound, our team at BlueFuse Realty Group is here to help.

📲 Call us today for a consultation or start your home search now

 👉 Start your home search now in Flower Mound

👉 Start your home search now in Southlake

 

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