Cost of Living: Madison, IN vs Bozeman, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Bozeman |
|---|---|---|
| Housing Index | 89.3 | 105.0 |
| Median Home Price | $188,000 | $411,000 |
| Average Rent (2 BR Apartment) | $950 | $1600 |
| Average Rent (2 BR House) | $1000 | $1645 |
Housing Comparison: Madison vs Bozeman
- The median home price in Bozeman is higher at $411,000, compared to $188,000 in Madison.
- Renting a two-bedroom apartment costs more in Madison at $950 than in Bozeman at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Bozeman |
|---|---|---|
| Electricity Price | $14.89 | $13.58 |
| Natural Gas Price | $Data is updating | $8.31 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Madison vs Bozeman
- Electricity costs are higher in Madison at $14.89 per kWh, compared to $13.58 in Bozeman.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Madison at an average of $250, compared to Bozeman with $220.