Addison, AL vs Malvern, AL
There is a significant gap in the cost of living between these two cities. Malvern is 20.5% cheaper than Addison. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malvern to Addison should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Addison are $110,900 compared to $98,300 in Malvern, a 13% gap.
Median household income in Addison is $54,911 compared to $52,500 in Malvern (+4.6%). Addison does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Climate-wise, Malvern is notably warmer with an average of 67.8°F compared to 59.9°F in Addison. Addison receives more rainfall at 58.7" per year compared to 53.9" in Malvern.
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Climate
NOAA 30-year normals (1991-2020)