Cost of Living: Madison, MS vs Kerman, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Kerman |
|---|---|---|
| Housing Index | 110.0 | 98.5 |
| Median Home Price | $281,000 | $358,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1845 |
Housing Comparison: Madison vs Kerman
- The median home price in Kerman is higher at $358,000, compared to $281,000 in Madison.
- In Kerman, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 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 | Kerman |
|---|---|---|
| Electricity Price | $13.42 | $32.99 |
| Natural Gas Price | $22.19 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Madison vs Kerman
- Kerman has higher electricity costs at $32.99 per kWh, versus $13.42 in Madison.
- Natural gas is more expensive in Madison at $22.19 per unit, while it is cheaper at $16.99 in Kerman.
- Utility expenses are equal in both Madison and Kerman averaging $250.