Cost of Living in Addison, AL
Housing
The housing market plays a significant role in determining the cost of living in Addison, AL.
- Housing Index: Data is updating
- Median Home Price is: $199000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Living in Addison, AL offers affordable options, especially with a median home price of 199000. While the housing index, along with the average rent for both a 2BR apartment and a 2BR house, is currently listed as 0.0, this potentially suggests limited rental options or a unique market situation. When considering a move, take into account additional factors such as local amenities, job opportunities, and community demographics. Given the low home price, this could be an attractive location for first-time homebuyers seeking stability at an affordable cost.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Addison, AL.
- Electricity Price: $15.03 USD (median by state)
- Natural Gas Price: $21.76 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Addison, AL could entail higher utility costs. Electricity costs sit at $15.03, while natural gas is priced at $21.76 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Addison is a financially viable option for your relocation.