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
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Cost of buying a home in Southlake, TX
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Home prices in Flower Mound vs. Southlake
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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
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Property tax rates in Southlake vs. Flower Mound
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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
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Monthly utility bills in Southlake vs. Flower Mound
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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
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Best restaurants in Southlake vs. Flower Mound
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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
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Cost of family activities in Southlake vs. Flower Mound
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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