Cost of Living: Garland, TX vs Madison, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Garland | Madison |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $240,000 | $281,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1280 |
Housing Comparison: Garland vs Madison
- The median home price in Madison is higher at $281,000, compared to $240,000 in Garland.
- Renting a two-bedroom apartment costs more in Garland at $1,600 than in 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 | Garland | Madison |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Garland vs Madison
- Electricity costs are higher in Garland at $14.47 per kWh, compared to $13.42 in Madison.
- Natural gas is more expensive in Garland at $26.29 per unit, while it is cheaper at $22.19 in Madison.
- Utility expenses are equal in both Garland and Madison averaging $250.