Cost of Living: Madison, WI vs Ocoee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Ocoee |
|---|---|---|
| Housing Index | 115.0 | 115.0 |
| Median Home Price | $332,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1840 |
Housing Comparison: Madison vs Ocoee
- The median home price in Ocoee is higher at $350,000, compared to $332,000 in Madison.
- The rent for a two-bedroom apartment is equal in both Madison and Ocoee at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Ocoee |
|---|---|---|
| Electricity Price | $17.6 | $13.89 |
| Natural Gas Price | $11.5 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Madison vs Ocoee
- Electricity costs are higher in Madison at $17.6 per kWh, compared to $13.89 in Ocoee.
- Ocoee experiences higher natural gas costs at $26.13 per unit, with costs at $11.5 in Madison.
- Utility expenses are equal in both Madison and Ocoee averaging $250.