Cost of Living: Madison, GA vs Charleston, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Charleston |
|---|---|---|
| Housing Index | 115.0 | 120.5 |
| Median Home Price | $Data is updating | $407,500 |
| Average Rent (2 BR Apartment) | $1500 | $2200 |
| Average Rent (2 BR House) | $1565 | $2240 |
Housing Comparison: Madison vs Charleston
- The median home price in Charleston is higher at $407,500, compared to $0 in Madison.
- In Charleston, the rental for a two-bedroom apartment stands at $2,200, while it is $1,500 in Madison.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Charleston |
|---|---|---|
| Electricity Price | $15.53 | $14.18 |
| Natural Gas Price | $27.53 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Madison vs Charleston
- Electricity costs are higher in Madison at $15.53 per kWh, compared to $14.18 in Charleston.
- Natural gas is more expensive in Madison at $27.53 per unit, while it is cheaper at $23.51 in Charleston.
- Utility expenses are equal in both Madison and Charleston averaging $250.