Cost of Living: Madrid, IA vs Indio, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madrid | Indio |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $189,900 | $395,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Madrid vs Indio
- The median home price in Indio is higher at $395,000, compared to $189,900 in Madrid.
- The rent for a two-bedroom apartment is equal in both Madrid and Indio at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madrid | Indio |
|---|---|---|
| Electricity Price | $14.82 | $32.99 |
| Natural Gas Price | $15.61 | $16.99 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Madrid vs Indio
- Indio has higher electricity costs at $32.99 per kWh, versus $14.82 in Madrid.
- Indio experiences higher natural gas costs at $16.99 per unit, with costs at $15.61 in Madrid.
- Utility expenses are equal in both Madrid and Indio averaging $0.0.