Housing costs in Addison?
A typical home costs
$462,700, which is 36.9% more expensive than the national average of
$338,100 and 55.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Addison costs
$2,160 per month, which is 51.0% more than the national average of
$1,430 and 40.7% more than the state average of
$1,280.
Can I afford Addison?
To live comfortably in Addison, Texas, a minimum annual income of
$88,560 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Addison?
The cost of living in Addison, TX is quite reasonable. According to a study conducted by Sperling's BestPlaces, the city has an overall cost of living index rating of 91.7, which is slightly lower than the Texas state average. The median household income in Addison is approximately $63,000 and housing prices are slightly above the national average, although still quite affordable. Overall, Addison offers a low cost of living with many options for entertainment and recreation activities to enjoy at an even lower price.