Cost of Living: Tyler, TX vs Madison, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tyler | Madison |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $238,000 | $332,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1399 | $1840 |
Housing Comparison: Tyler vs Madison
- The median home price in Madison is higher at $332,000, compared to $238,000 in Tyler.
- In Madison, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Tyler.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tyler | Madison |
|---|---|---|
| Electricity Price | $14.47 | $17.6 |
| Natural Gas Price | $26.29 | $11.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Tyler vs Madison
- Madison has higher electricity costs at $17.6 per kWh, versus $14.47 in Tyler.
- Natural gas is more expensive in Tyler at $26.29 per unit, while it is cheaper at $11.5 in Madison.
- Utility expenses are equal in both Tyler and Madison averaging $250.