Cost of Living: Madisonville, TX vs New roads, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | New roads |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $204,000 | $135,000 |
| Average Rent (2 BR Apartment) | $880 | $Data is updating |
| Average Rent (2 BR House) | $850 | $Data is updating |
Housing Comparison: Madisonville vs New roads
- In Madisonville, the median home price is higher at $204,000, while in New roads it is $135,000.
- The rent for a two-bedroom apartment is equal in both Madisonville and New roads at $880.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madisonville | New roads |
|---|---|---|
| Electricity Price | $14.47 | $11.42 |
| Natural Gas Price | $26.29 | $19.48 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Madisonville vs New roads
- Electricity costs are higher in Madisonville at $14.47 per kWh, compared to $11.42 in New roads.
- Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $19.48 in New roads.
- Utility expenses are equal in both Madisonville and New roads averaging $200.