Cost of Living: Madisonville, KY vs Ronceverte, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Ronceverte |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $159,000 | $149,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1360 |
Housing Comparison: Madisonville vs Ronceverte
- In Madisonville, the median home price is higher at $159,000, while in Ronceverte it is $149,000.
- Renting a two-bedroom apartment costs more in Madisonville at $800 than in Ronceverte 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 | Ronceverte |
|---|---|---|
| Electricity Price | $12.87 | $15.48 |
| Natural Gas Price | $22.78 | $23.05 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Madisonville vs Ronceverte
- Ronceverte has higher electricity costs at $15.48 per kWh, versus $12.87 in Madisonville.
- Ronceverte experiences higher natural gas costs at $23.05 per unit, with costs at $22.78 in Madisonville.
- Utility expenses are equal in both Madisonville and Ronceverte averaging $200.