Cost of Living: Madison, WI vs Winfield, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Winfield |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $332,000 | $173,000 |
| Average Rent (2 BR Apartment) | $1800 | $1100 |
| Average Rent (2 BR House) | $1840 | $1120 |
Housing Comparison: Madison vs Winfield
- In Madison, the median home price is higher at $332,000, while in Winfield it is $173,000.
- Renting a two-bedroom apartment costs more in Madison at $1,800 than in Winfield at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Winfield |
|---|---|---|
| Electricity Price | $17.6 | $15.48 |
| Natural Gas Price | $11.5 | $23.05 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Madison vs Winfield
- Electricity costs are higher in Madison at $17.6 per kWh, compared to $15.48 in Winfield.
- Winfield experiences higher natural gas costs at $23.05 per unit, with costs at $11.5 in Madison.
- Other utility costs are higher in Madison at an average of $250, compared to Winfield with $200.