Cost of Living: Madison, NC vs Morganville, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Morganville |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $205,000 | $550,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Madison vs Morganville
- The median home price in Morganville is higher at $550,000, compared to $205,000 in Madison.
- The rent for a two-bedroom apartment is equal in both Madison and Morganville 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 | Morganville |
|---|---|---|
| Electricity Price | $13.72 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Madison vs Morganville
- Morganville has higher electricity costs at $19.88 per kWh, versus $13.72 in Madison.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Madison and Morganville averaging $250.