Cost of Living: Madisonville, KY vs Madison, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Madison |
|---|---|---|
| Housing Index | 80.0 | 90.0 |
| Median Home Price | $159,000 | $205,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1280 |
Housing Comparison: Madisonville vs Madison
- The median home price in Madison is higher at $205,000, compared to $159,000 in Madisonville.
- Renting a two-bedroom apartment costs more in Madisonville at $800 than in Madison 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 | Madisonville | Madison |
|---|---|---|
| Electricity Price | $12.87 | $13.72 |
| Natural Gas Price | $22.78 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Madisonville vs Madison
- Madison has higher electricity costs at $13.72 per kWh, versus $12.87 in Madisonville.
- Natural gas price data is currently unavailable.
- Madison has higher utility expenses, averaging $250, while Madisonville averages $200.