Cost of Living: Boaz, AL vs Addison, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Boaz Addison
Housing Index 85.0 115.0
Median Home Price $189,000 $315,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $1200 $1840

Housing Comparison: Boaz vs Addison

  • The median home price in Addison is higher at $315,000, compared to $189,000 in Boaz.
  • Renting a two-bedroom apartment costs more in Boaz at $950 than in Addison at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Boaz Addison
Electricity Price $15.03 $16.15
Natural Gas Price $21.76 $16.59
Other Utilities $200 $250

Utilities Comparison: Boaz vs Addison

  • Addison has higher electricity costs at $16.15 per kWh, versus $15.03 in Boaz.
  • Natural gas is more expensive in Boaz at $21.76 per unit, while it is cheaper at $16.59 in Addison.
  • Addison has higher utility expenses, averaging $250, while Boaz averages $200.