Cost of Living: Madisonville, KY vs Omaha, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Omaha |
|---|---|---|
| Housing Index | 80.0 | 92.0 |
| Median Home Price | $159,000 | $305,000 |
| Average Rent (2 BR Apartment) | $800 | $1100 |
| Average Rent (2 BR House) | $850 | $1200 |
Housing Comparison: Madisonville vs Omaha
- The median home price in Omaha is higher at $305,000, compared to $159,000 in Madisonville.
- Renting a two-bedroom apartment costs more in Madisonville at $800 than in Omaha 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 | Madisonville | Omaha |
|---|---|---|
| Electricity Price | $12.87 | $12.92 |
| Natural Gas Price | $22.78 | $13.89 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Madisonville vs Omaha
- Omaha has higher electricity costs at $12.92 per kWh, versus $12.87 in Madisonville.
- Natural gas is more expensive in Madisonville at $22.78 per unit, while it is cheaper at $13.89 in Omaha.
- Utility expenses are equal in both Madisonville and Omaha averaging $200.