Cost of Living: Madison, MS vs North little rock, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | North little rock |
|---|---|---|
| Housing Index | 110.0 | 80.0 |
| Median Home Price | $281,000 | $231,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1280 | $900 |
Housing Comparison: Madison vs North little rock
- In Madison, the median home price is higher at $281,000, while in North little rock it is $231,000.
- Renting a two-bedroom apartment costs more in Madison at $1,200 than in North little rock at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | North little rock |
|---|---|---|
| Electricity Price | $13.42 | $12.36 |
| Natural Gas Price | $22.19 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs North little rock
- Electricity costs are higher in Madison at $13.42 per kWh, compared to $12.36 in North little rock.
- Natural gas is more expensive in Madison at $22.19 per unit, while it is cheaper at $17.08 in North little rock.
- Other utility costs are higher in Madison at an average of $250, compared to North little rock with $200.