Cost of Living: Chattanooga, TN vs Madison, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chattanooga | Madison |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $304,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Chattanooga vs Madison
- In Chattanooga, the median home price is higher at $304,000, while in Madison it is $205,000.
- The rent for a two-bedroom apartment is equal in both Chattanooga and Madison at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chattanooga | Madison |
|---|---|---|
| Electricity Price | $12.57 | $13.72 |
| Natural Gas Price | $12.35 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chattanooga vs Madison
- Madison has higher electricity costs at $13.72 per kWh, versus $12.57 in Chattanooga.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Chattanooga and Madison averaging $250.