Cost of Living: Madison, WI vs Denison, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Denison |
|---|---|---|
| Housing Index | 115.0 | 75.0 |
| Median Home Price | $332,000 | $253,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1544 |
Housing Comparison: Madison vs Denison
- In Madison, the median home price is higher at $332,000, while in Denison it is $253,000.
- Renting a two-bedroom apartment costs more in Madison at $1,800 than in Denison 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 | Denison |
|---|---|---|
| Electricity Price | $17.6 | $14.47 |
| Natural Gas Price | $11.5 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs Denison
- Electricity costs are higher in Madison at $17.6 per kWh, compared to $14.47 in Denison.
- Denison experiences higher natural gas costs at $26.29 per unit, with costs at $11.5 in Madison.
- Other utility costs are higher in Madison at an average of $250, compared to Denison with $200.