Cost of Living: Madisonville, TX vs Tennessee ridge, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Tennessee ridge |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $204,000 | $192,000 |
| Average Rent (2 BR Apartment) | $880 | $1200 |
| Average Rent (2 BR House) | $850 | $1200 |
Housing Comparison: Madisonville vs Tennessee ridge
- In Madisonville, the median home price is higher at $204,000, while in Tennessee ridge it is $192,000.
- Renting a two-bedroom apartment costs more in Madisonville at $880 than in Tennessee ridge 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 | Tennessee ridge |
|---|---|---|
| Electricity Price | $14.47 | $12.57 |
| Natural Gas Price | $26.29 | $12.35 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Madisonville vs Tennessee ridge
- Electricity costs are higher in Madisonville at $14.47 per kWh, compared to $12.57 in Tennessee ridge.
- Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $12.35 in Tennessee ridge.
- Utility expenses are equal in both Madisonville and Tennessee ridge averaging $200.