Cost of Living: Madisonville, TX vs Booneville, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Booneville |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $204,000 | $150,000 |
| Average Rent (2 BR Apartment) | $880 | $1200 |
| Average Rent (2 BR House) | $850 | $1280 |
Housing Comparison: Madisonville vs Booneville
- In Madisonville, the median home price is higher at $204,000, while in Booneville it is $150,000.
- Renting a two-bedroom apartment costs more in Madisonville at $880 than in Booneville 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 | Booneville |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $200 | $180 |
Utilities Comparison: Madisonville vs Booneville
- Electricity costs are higher in Madisonville at $14.47 per kWh, compared to $13.42 in Booneville.
- Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $22.19 in Booneville.
- Other utility costs are higher in Madisonville at an average of $200, compared to Booneville with $180.