Cost of Living: Madisonville, TX vs Falling waters, WV

Housing

The housing market plays a significant role in determining the cost of living.

Metric Madisonville Falling waters
Housing Index 85.0 95.3
Median Home Price $204,000 $278,000
Average Rent (2 BR Apartment) $880 $1200
Average Rent (2 BR House) $850 $1344

Housing Comparison: Madisonville vs Falling waters

  • The median home price in Falling waters is higher at $278,000, compared to $204,000 in Madisonville.
  • Renting a two-bedroom apartment costs more in Madisonville at $880 than in Falling waters 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 Falling waters
Electricity Price $14.47 $15.48
Natural Gas Price $26.29 $23.05
Other Utilities $200 $150

Utilities Comparison: Madisonville vs Falling waters

  • Falling waters has higher electricity costs at $15.48 per kWh, versus $14.47 in Madisonville.
  • Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $23.05 in Falling waters.
  • Other utility costs are higher in Madisonville at an average of $200, compared to Falling waters with $150.