Cost of Living: Madison, NC vs Greenwood, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Greenwood |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $205,000 | $236,200 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1150 |
Housing Comparison: Madison vs Greenwood
- The median home price in Greenwood is higher at $236,200, compared to $205,000 in Madison.
- The rent for a two-bedroom apartment is equal in both Madison and Greenwood 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 | Greenwood |
|---|---|---|
| Electricity Price | $13.72 | $14.18 |
| Natural Gas Price | $Data is updating | $23.51 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs Greenwood
- Greenwood has higher electricity costs at $14.18 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 Greenwood with $200.