Cost of Living: Carroll, IA vs Madisonville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carroll | Madisonville |
|---|---|---|
| Housing Index | 85.0 | 80.0 |
| Median Home Price | $144,000 | $159,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1500 | $850 |
Housing Comparison: Carroll vs Madisonville
- The median home price in Madisonville is higher at $159,000, compared to $144,000 in Carroll.
- In Madisonville, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Carroll.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Carroll | Madisonville |
|---|---|---|
| Electricity Price | $14.82 | $12.87 |
| Natural Gas Price | $15.61 | $22.78 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Carroll vs Madisonville
- Electricity costs are higher in Carroll at $14.82 per kWh, compared to $12.87 in Madisonville.
- Madisonville experiences higher natural gas costs at $22.78 per unit, with costs at $15.61 in Carroll.
- Other utility costs are higher in Carroll at an average of $250, compared to Madisonville with $200.