Cost of Living: Madison, MS vs New tripoli, PA

Housing

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

Metric Madison New tripoli
Housing Index 110.0 90.0
Median Home Price $281,000 $313,000
Average Rent (2 BR Apartment) $1200 $1400
Average Rent (2 BR House) $1280 $1440

Housing Comparison: Madison vs New tripoli

  • The median home price in New tripoli is higher at $313,000, compared to $281,000 in Madison.
  • In New tripoli, the rental for a two-bedroom apartment stands at $1,400, 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 New tripoli
Electricity Price $13.42 $17.68
Natural Gas Price $22.19 $17.61
Other Utilities $250 $250

Utilities Comparison: Madison vs New tripoli

  • New tripoli has higher electricity costs at $17.68 per kWh, versus $13.42 in Madison.
  • Natural gas is more expensive in Madison at $22.19 per unit, while it is cheaper at $17.61 in New tripoli.
  • Utility expenses are equal in both Madison and New tripoli averaging $250.