Cost of Living in Addison, PA

With a cost of living index of 70, Addison, PA is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 13% below the Pennsylvania state average of 83. Addison is a small community of 250 residents.

Housing costs are the biggest factor in Addison's cost of living. The median monthly rent is $750 (43% below the US median of $1,319), and the median home value sits at $168,100 (45% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Addison is $61,250, which is 18% lower than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Addison. The area sees an average annual temperature of 53.8°F, with summers averaging 72°F and winters around 34°F. Annual rainfall totals 43.2 inches spread over roughly 155 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.