Cost of Living: Moreno valley, CA vs Madison, MS

Housing

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

Metric Moreno valley Madison
Housing Index 115.0 110.0
Median Home Price $466,000 $281,000
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2344 $1280

Housing Comparison: Moreno valley vs Madison

  • In Moreno valley, the median home price is higher at $466,000, while in Madison it is $281,000.
  • Renting a two-bedroom apartment costs more in Moreno valley at $2,300 than in Madison 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 Moreno valley Madison
Electricity Price $32.99 $13.42
Natural Gas Price $16.99 $22.19
Other Utilities $250 $250

Utilities Comparison: Moreno valley vs Madison

  • Electricity costs are higher in Moreno valley at $32.99 per kWh, compared to $13.42 in Madison.
  • Madison experiences higher natural gas costs at $22.19 per unit, with costs at $16.99 in Moreno valley.
  • Utility expenses are equal in both Moreno valley and Madison averaging $250.