Cost of Living in Addison, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
157.4
100 = national avg
+57.4 vs national average
Living Wage (1 Adult)
$69,248
per year
Living Wage (Family of 4)
$163,677
per year
Cost Index by Category
Housing223.0
Food113.3
Transportation126.7
Healthcare110.7
Utilities132.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Addison is 157.4, which is 57.4% above the national average. Housing costs are above the national average at an index of 223.0. A single adult needs to earn approximately $69,248 per year to cover basic expenses.