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Cost of Living in Avon

Is it better to rent or buy in Avon? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$59,033
$821/mo

Median in area: $821

$83,570

Median in area: $83,570

$16,714

If you Rent

🔑
$1,129 /mo
Base Rent$821
Est. Utilities$308
% of Income22.9%
Pre-tax Residual$3,790

If you Buy

🏠
$980 /mo
P&I (7.625%)$473
Taxes & Ins$199
Est. Utilities$308
% of Income19.9%
Pre-tax Residual$3,939

Cost of Living FAQs

Is it cheaper to rent or buy in Avon?›

Based on median housing data, buying is currently more affordable on a monthly basis in Avon. The estimated all-in monthly cost for renting is $1,129, while owning a median-priced home with a 20% down payment is roughly $980 per month (a difference of $149).

How much do utilities cost in Avon?›

The average monthly utility cost (electricity and natural gas) for a typical home in Avon is approximately $308. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Avon?›

To comfortably afford the median rent and utilities in Avon without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $45,160 per year.