Cost of Living: Houston, TX vs Madison, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Houston | Madison |
|---|---|---|
| Housing Index | 115.4 | 90.0 |
| Median Home Price | $321,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1280 |
Housing Comparison: Houston vs Madison
- In Houston, the median home price is higher at $321,000, while in Madison it is $205,000.
- Renting a two-bedroom apartment costs more in Houston at $1,800 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 | Houston | Madison |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Houston vs Madison
- Electricity costs are higher in Houston at $14.47 per kWh, compared to $13.72 in Madison.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Houston and Madison averaging $250.