Cost of Living: Madison, MS vs Boone, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Boone |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $281,000 | $300,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1360 |
Housing Comparison: Madison vs Boone
- The median home price in Boone is higher at $300,000, compared to $281,000 in Madison.
- The rent for a two-bedroom apartment is equal in both Madison and Boone 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 | Madison | Boone |
|---|---|---|
| Electricity Price | $13.42 | $13.72 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Madison vs Boone
- Boone has higher electricity costs at $13.72 per kWh, versus $13.42 in Madison.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Madison at an average of $250, compared to Boone with $150.