Cost of Living: Madison, WI vs Liberty, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Liberty |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $332,000 | $335,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1300 |
Housing Comparison: Madison vs Liberty
- The median home price in Liberty is higher at $335,000, compared to $332,000 in Madison.
- Renting a two-bedroom apartment costs more in Madison at $1,800 than in Liberty 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 | Liberty |
|---|---|---|
| Electricity Price | $17.6 | $14.64 |
| Natural Gas Price | $11.5 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs Liberty
- Electricity costs are higher in Madison at $17.6 per kWh, compared to $14.64 in Liberty.
- Liberty experiences higher natural gas costs at $23.25 per unit, with costs at $11.5 in Madison.
- Other utility costs are higher in Madison at an average of $250, compared to Liberty with $200.