Cost of Living in Addis Louisiana
Are you considering moving to Addis, Louisiana? Well what if you knew moving to Addis could save you money! That’s right, the cost of living in Addis, Louisiana is actually slightly lower than the average cost of living in the United States. As an overall review of Addis' pricing compared to that of the entire country, Addis is registered as lower in cost when it came to Groceries, Utilities, Transportation, and miscellaneous items such as clothing and entertainment products and services. Addis did however, score slightly above average in health and housing costs.
So, what makes the cost of living in Addis lower than the average in the United States? There are several factors that influence these statistics. Starting with the cost of food. The average cost of food, excluding restaurants is about 2% lower than the rest of the United States. This turn out works great for those residents living in Addis who get to take advantage of cheaper trips to the grocery store. The cost of utilities also decreases the average cost of living in Addis. With the cost of utilities ranking close to 7% under the national average, the residents of Addis are able to save money monthly. The average cost of cooling and heating homes is significantly less than other areas in the US. For those families looking to move to a family friendly location while also saving some money, the cost of living in Addis is much more appealing than other areas of the United States.
In addition, homes for sale in Addis are fairly easy to come by. The median value of homes in Addis, Louisiana is just under $200,000. With the median age of Addis residents being 33, these home values are very welcoming to individuals looking to start a family. In addition to having reasonably priced homes for sale in Addis, the home appreciation rate in Addis is relatively high. In the last year, home appreciation was at slightly over 30 percent. The property tax rate in Addis, Louisiana is also appealing as it is significantly lower than the average in the U.S.
If you are looking for homes for sale in Addis there is a broad range of home for you to choose from. Whether you are searching for a $100,000 house or a $400,000 home, there are all types of homes available waiting for someone to claim as their own. Most homes in Addis are actually occupied by owners. Only 26% of homes in Addis are occupied by renters. Renting or Moving, if you are moving to Addis, Louisiana you and your family can expect to see much smaller quantities on your monthly bills. The cost of living in Addis is appealing so don’t wait too long before more people begin migrating to the area!