Housing costs in Addison?
A typical home costs
$151,400, which is 55.2% less expensive than the national average of
$338,100 and 29.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Addison costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$940.
Can I afford Addison?
To live comfortably in Addison (zip 35540), Alabama, a minimum annual income of
$29,160 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Addison?
The cost of living in 35540 Addison, AL is relatively low compared to other parts of the country. The median home value for the town is currently $68,100, according to Zillow, which is significantly lower than the national median home value of $184,700. In addition, the cost of basic necessities like groceries and healthcare are much lower than average. Property taxes are also relatively low as well. All these factors contribute to making it a great place to live for those looking for an affordable lifestyle.