Cost of Living: Davenport, IA vs Madison, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Davenport | Madison |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $205,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1250 | $1280 |
Housing Comparison: Davenport vs Madison
- The median home price is the same in both Davenport and Madison at $205,000.
- The rent for a two-bedroom apartment is equal in both Davenport 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 | Davenport | Madison |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Davenport vs Madison
- Electricity costs are higher in Davenport at $14.82 per kWh, compared to $13.72 in Madison.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Davenport and Madison averaging $250.