Cost of Living: Madisonville, KY vs Reno, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Reno |
|---|---|---|
| Housing Index | 80.0 | 120.0 |
| Median Home Price | $159,000 | $458,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $850 | $1900 |
Housing Comparison: Madisonville vs Reno
- The median home price in Reno is higher at $458,000, compared to $159,000 in Madisonville.
- Renting a two-bedroom apartment costs more in Madisonville at $800 than in Reno 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 | Madisonville | Reno |
|---|---|---|
| Electricity Price | $12.87 | $15.5 |
| Natural Gas Price | $22.78 | $20.66 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Madisonville vs Reno
- Reno has higher electricity costs at $15.5 per kWh, versus $12.87 in Madisonville.
- Natural gas is more expensive in Madisonville at $22.78 per unit, while it is cheaper at $20.66 in Reno.
- Reno has higher utility expenses, averaging $250, while Madisonville averages $200.