Cost of Living: Madison, NC vs Chester, IL

Housing

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

Metric Madison Chester
Housing Index 90.0 85.0
Median Home Price $205,000 $145,000
Average Rent (2 BR Apartment) $1200 $850
Average Rent (2 BR House) $1280 $912

Housing Comparison: Madison vs Chester

  • In Madison, the median home price is higher at $205,000, while in Chester it is $145,000.
  • In Chester, the rental for a two-bedroom apartment stands at $850, 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 Chester
Electricity Price $13.72 $16.15
Natural Gas Price $Data is updating $16.59
Other Utilities $250 $240

Utilities Comparison: Madison vs Chester

  • Chester has higher electricity costs at $16.15 per kWh, versus $13.72 in Madison.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Madison at an average of $250, compared to Chester with $240.