In my experience I have found the output of ifconfig easier to digest when compared with ip-* commands, which IMO visually leave a bit to be desired. In my typical use I only need a subset of what is given, for example interface, status, ipaddress and in this regard ifconfig is easier to read.
ifconfig:
lo: flags=73<UP,LOOPBACK,RUNNING> mtu 65536
inet 127.0.0.1 netmask 255.0.0.0
loop txqueuelen 1000 (Local Loopback)
RX packets 297454 bytes 14872700 (14.1 MiB)
RX errors 0 dropped 0 overruns 0 frame 0
TX packets 297454 bytes 14872700 (14.1 MiB)
TX errors 0 dropped 0 overruns 0 carrier 0 collisions 0
eth1: flags=4163<UP,BROADCAST,RUNNING,MULTICAST> mtu 1500
inet 10.0.0.10 netmask 255.255.255.0 broadcast 10.0.0.255
ether aa:aa:aa:aa:aa:aa txqueuelen 1000 (Ethernet)
aa:aa:aa:aa:aa:aabytes 596277 (582.3 KiB)
RX errors 0 dropped 0 overruns 0 frame 0
TX packets 9083 bytes 738309 (721.0 KiB)
TX errors 0 dropped 0 overruns 0 carrier 0 collisions 0
eth1: flags=4163<UP,BROADCAST,RUNNING,MULTICAST> mtu 1500
inet 10.0.0.20 netmask 255.255.255.0 broadcast 10.0.0.255
ether aa:aa:aa:aa:aa:aa txqueuelen 1000 (Ethernet)
aa:aa:aa:aa:aa:aabytes 596277 (582.3 KiB)
RX errors 0 dropped 0 overruns 0 frame 0
TX packets 9083 bytes 738309 (721.0 KiB)
TX errors 0 dropped 0 overruns 0 carrier 0 collisions 0
Compared with ip-address:
1: lo: <LOOPBACK,UP,LOWER_UP> mtu 65536 qdisc noqueue state UNKNOWN group default qlen 1000
link/loopback 00:00:00:00:00:00 brd 00:00:00:00:00:00
inet 127.0.0.1/8 scope host lo
valid_lft forever preferred_lft forever
2: eth0: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc noqueue state UP group default qlen 1000
link/ether aa:aa:aa:aa:aa:aa brd ff:ff:ff:ff:ff:ff
inet 10.0.0.10/24 brd 10.0.0.255 scope global eth0
valid_lft forever preferred_lft forever
3: eth1 <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc noqueue state UP group default qlen 1000
link/ether aa:aa:aa:aa:aa:aa brd ff:ff:ff:ff:ff:ff
inet 10.0.0.20/24 brd 10.0.0.255 scope global eth1
valid_lft forever preferred_lft forever