Cost of Living: Madison, GA vs New orleans, LA

Housing

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

Metric Madison New orleans
Housing Index 115.0 112.0
Median Home Price $Data is updating $305,000
Average Rent (2 BR Apartment) $1500 $1500
Average Rent (2 BR House) $1565 $1600

Housing Comparison: Madison vs New orleans

  • The median home price in New orleans is higher at $305,000, compared to $0 in Madison.
  • The rent for a two-bedroom apartment is equal in both Madison and New orleans at $1,500.

Utilities

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

Metric Madison New orleans
Electricity Price $15.53 $11.42
Natural Gas Price $27.53 $19.48
Other Utilities $250 $250

Utilities Comparison: Madison vs New orleans

  • Electricity costs are higher in Madison at $15.53 per kWh, compared to $11.42 in New orleans.
  • Natural gas is more expensive in Madison at $27.53 per unit, while it is cheaper at $19.48 in New orleans.
  • Utility expenses are equal in both Madison and New orleans averaging $250.