Cost of Living: Madrid, IA vs Talladega, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madrid | Talladega |
|---|---|---|
| Housing Index | Data is updating | 80.0 |
| Median Home Price | $189,900 | $165,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $856 |
Housing Comparison: Madrid vs Talladega
- In Madrid, the median home price is higher at $189,900, while in Talladega it is $165,000.
- The rent for a two-bedroom apartment is equal in both Madrid and Talladega 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 | Talladega |
|---|---|---|
| Electricity Price | $14.82 | $15.03 |
| Natural Gas Price | $15.61 | $21.76 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Madrid vs Talladega
- Talladega has higher electricity costs at $15.03 per kWh, versus $14.82 in Madrid.
- Talladega experiences higher natural gas costs at $21.76 per unit, with costs at $15.61 in Madrid.
- Utility expenses are equal in both Madrid and Talladega averaging $0.0.