Cost of Living: Madison, MS vs Nicholson, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Nicholson |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $281,000 | $235,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Madison vs Nicholson
- In Madison, the median home price is higher at $281,000, while in Nicholson it is $235,000.
- The rent for a two-bedroom apartment is equal in both Madison and Nicholson 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 | Nicholson |
|---|---|---|
| Electricity Price | $13.42 | $15.53 |
| Natural Gas Price | $22.19 | $27.53 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Madison vs Nicholson
- Nicholson has higher electricity costs at $15.53 per kWh, versus $13.42 in Madison.
- Nicholson experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Madison.
- Utility expenses are equal in both Madison and Nicholson averaging $250.