Cost of Living: Oak park, IL vs Madison, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak park | Madison |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $398,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1900 | $1200 |
| Average Rent (2 BR House) | $1935 | $1280 |
Housing Comparison: Oak park vs Madison
- In Oak park, the median home price is higher at $398,000, while in Madison it is $205,000.
- Renting a two-bedroom apartment costs more in Oak park at $1,900 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 | Oak park | Madison |
|---|---|---|
| Electricity Price | $16.15 | $13.72 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oak park vs Madison
- Electricity costs are higher in Oak park at $16.15 per kWh, compared to $13.72 in Madison.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Oak park and Madison averaging $250.