Cost of Living: Madison, WI vs Riceville, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Riceville |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $332,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Madison vs Riceville
- In Madison, the median home price is higher at $332,000, while in Riceville it is $100,000.
- The rent for a two-bedroom apartment is equal in both Madison and Riceville 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 | Riceville |
|---|---|---|
| Electricity Price | $17.6 | $14.82 |
| Natural Gas Price | $11.5 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Madison vs Riceville
- Electricity costs are higher in Madison at $17.6 per kWh, compared to $14.82 in Riceville.
- Riceville experiences higher natural gas costs at $15.61 per unit, with costs at $11.5 in Madison.
- Utility expenses are equal in both Madison and Riceville averaging $250.