Cost of Living: Madison, MS vs Old forge, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Old forge |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $281,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Madison vs Old forge
- In Madison, the median home price is higher at $281,000, while in Old forge it is $150,000.
- The rent for a two-bedroom apartment is equal in both Madison and Old forge 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 | Old forge |
|---|---|---|
| Electricity Price | $13.42 | $26.08 |
| Natural Gas Price | $22.19 | $18.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Madison vs Old forge
- Old forge has higher electricity costs at $26.08 per kWh, versus $13.42 in Madison.
- Natural gas is more expensive in Madison at $22.19 per unit, while it is cheaper at $18.13 in Old forge.
- Utility expenses are equal in both Madison and Old forge averaging $250.