Cost of Living: Madisonville, TX vs Buffalo, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Buffalo |
|---|---|---|
| Housing Index | 85.0 | 125.4 |
| Median Home Price | $204,000 | $155,000 |
| Average Rent (2 BR Apartment) | $880 | $1800 |
| Average Rent (2 BR House) | $850 | $1900 |
Housing Comparison: Madisonville vs Buffalo
- In Madisonville, the median home price is higher at $204,000, while in Buffalo it is $155,000.
- Renting a two-bedroom apartment costs more in Madisonville at $880 than in Buffalo 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 | Buffalo |
|---|---|---|
| Electricity Price | $14.47 | $26.08 |
| Natural Gas Price | $26.29 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Madisonville vs Buffalo
- Buffalo has higher electricity costs at $26.08 per kWh, versus $14.47 in Madisonville.
- Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $18.13 in Buffalo.
- Buffalo has higher utility expenses, averaging $250, while Madisonville averages $200.