Cost of Living: Hendersonville, TN vs Madison, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hendersonville | Madison |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $386,000 | $332,000 |
| Average Rent (2 BR Apartment) | $1500 | $1800 |
| Average Rent (2 BR House) | $1600 | $1840 |
Housing Comparison: Hendersonville vs Madison
- In Hendersonville, the median home price is higher at $386,000, while in Madison it is $332,000.
- In Madison, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Hendersonville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hendersonville | Madison |
|---|---|---|
| Electricity Price | $12.57 | $17.6 |
| Natural Gas Price | $12.35 | $11.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hendersonville vs Madison
- Madison has higher electricity costs at $17.6 per kWh, versus $12.57 in Hendersonville.
- Natural gas is more expensive in Hendersonville at $12.35 per unit, while it is cheaper at $11.5 in Madison.
- Utility expenses are equal in both Hendersonville and Madison averaging $250.