Cost of Living: Goleta, CA vs Madison, WI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Goleta Madison
Housing Index 150.0 115.0
Median Home Price $1,050,000 $332,000
Average Rent (2 BR Apartment) $3300 $1800
Average Rent (2 BR House) $3400 $1840

Housing Comparison: Goleta vs Madison

  • In Goleta, the median home price is higher at $1,050,000, while in Madison it is $332,000.
  • Renting a two-bedroom apartment costs more in Goleta at $3,300 than in Madison at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Goleta Madison
Electricity Price $32.99 $17.6
Natural Gas Price $16.99 $11.5
Other Utilities $250 $250

Utilities Comparison: Goleta vs Madison

  • Electricity costs are higher in Goleta at $32.99 per kWh, compared to $17.6 in Madison.
  • Natural gas is more expensive in Goleta at $16.99 per unit, while it is cheaper at $11.5 in Madison.
  • Utility expenses are equal in both Goleta and Madison averaging $250.