Cost of Living: Madison, MS vs Bardstown, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Bardstown |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $281,000 | $229,000 |
| Average Rent (2 BR Apartment) | $1200 | $1050 |
| Average Rent (2 BR House) | $1280 | $1100 |
Housing Comparison: Madison vs Bardstown
- In Madison, the median home price is higher at $281,000, while in Bardstown it is $229,000.
- Renting a two-bedroom apartment costs more in Madison at $1,200 than in Bardstown at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Bardstown |
|---|---|---|
| Electricity Price | $13.42 | $12.87 |
| Natural Gas Price | $22.19 | $22.78 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs Bardstown
- Electricity costs are higher in Madison at $13.42 per kWh, compared to $12.87 in Bardstown.
- Bardstown experiences higher natural gas costs at $22.78 per unit, with costs at $22.19 in Madison.
- Other utility costs are higher in Madison at an average of $250, compared to Bardstown with $200.