Cost of Living in Madison, GA
Housing
The housing market plays a significant role in determining the cost of living in Madison, GA.
- Housing Index: 115.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1565 per month
Considering a move to Madison, GA? The housing index of 115.0 indicates that the cost of living is slightly above the national average, which is typical for areas with higher demand. The average rent for a 2-bedroom apartment is approximately 1500, while for a 2-bedroom house, it’s around 1565. Notably, the median home price is currently 0, suggesting either an extensive availability of rental options or a potential fluctuation in the housing market. Research further into local amenities and quality of life aspects before making your decision, as these factors can significantly affect your experience in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Madison, GA.
- Electricity Price: $15.53 USD (median by state)
- Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Madison, GA could entail higher utility costs. Electricity costs sit at $15.53, while natural gas is priced at $27.53 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Madison is a financially viable option for your relocation.