Cost of Living: Madison, WI vs Lynn, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Lynn |
|---|---|---|
| Housing Index | 115.0 | 125.0 |
| Median Home Price | $332,000 | $476,800 |
| Average Rent (2 BR Apartment) | $1800 | $2400 |
| Average Rent (2 BR House) | $1840 | $2496 |
Housing Comparison: Madison vs Lynn
- The median home price in Lynn is higher at $476,800, compared to $332,000 in Madison.
- In Lynn, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 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 | Lynn |
|---|---|---|
| Electricity Price | $17.6 | $28.15 |
| Natural Gas Price | $11.5 | $21.62 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Madison vs Lynn
- Lynn has higher electricity costs at $28.15 per kWh, versus $17.6 in Madison.
- Lynn experiences higher natural gas costs at $21.62 per unit, with costs at $11.5 in Madison.
- Lynn has higher utility expenses, averaging $280, while Madison averages $250.