Cost of Living: Winchester, VA vs Madison, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Winchester | Madison |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $348,000 | $281,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1280 |
Housing Comparison: Winchester vs Madison
- In Winchester, the median home price is higher at $348,000, while in Madison it is $281,000.
- Renting a two-bedroom apartment costs more in Winchester at $1,500 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 | Winchester | Madison |
|---|---|---|
| Electricity Price | $15.31 | $13.42 |
| Natural Gas Price | $19.91 | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Winchester vs Madison
- Electricity costs are higher in Winchester at $15.31 per kWh, compared to $13.42 in Madison.
- Madison experiences higher natural gas costs at $22.19 per unit, with costs at $19.91 in Winchester.
- Utility expenses are equal in both Winchester and Madison averaging $250.