Cost of Living: Madisonville, TX vs Gilbert, AZ

Housing

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

Metric Madisonville Gilbert
Housing Index 85.0 110.0
Median Home Price $204,000 $480,000
Average Rent (2 BR Apartment) $880 $1800
Average Rent (2 BR House) $850 $1840

Housing Comparison: Madisonville vs Gilbert

  • The median home price in Gilbert is higher at $480,000, compared to $204,000 in Madisonville.
  • Renting a two-bedroom apartment costs more in Madisonville at $880 than in Gilbert 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 Gilbert
Electricity Price $14.47 $15.14
Natural Gas Price $26.29 $23.51
Other Utilities $200 $250

Utilities Comparison: Madisonville vs Gilbert

  • Gilbert has higher electricity costs at $15.14 per kWh, versus $14.47 in Madisonville.
  • Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $23.51 in Gilbert.
  • Gilbert has higher utility expenses, averaging $250, while Madisonville averages $200.