Housing costs in Addison?
A typical home costs
$443,400, which is 31.1% more expensive than the national average of
$338,100 and 49.0% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Addison costs
$2,150 per month, which is 68.0% more than the national average of
$1,280 and 28.8% more than the state average of
$1,530.
Can I afford Addison?
To live comfortably in Addison (zip 75001), Texas, a minimum annual income of
$84,960 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Addison?
The cost of living in 75001 Addison, TX is slightly higher than the national average. The median home value is around $362,200, which is nearly double the national average. Rent for a two-bedroom apartment averages around $1,350 per month. Other expenses such as groceries and utilities can also be more expensive in this area due to its higher population density. However, these higher costs are offset by the fact that there are plenty of job opportunities nearby and the city is full of diverse attractions and activities to enjoy.