Cost of Living in Madisonville, TX
Housing
The housing market plays a significant role in determining the cost of living in Madisonville, TX.
- Housing Index: 85.0 / 100
- Median Home Price is: $204,000
- Average Rent (2 BR Apartment): $880 per month
- Average Rent (2 BR House): $850 per month
When considering a move to Madisonville, TX, the housing market appears to be moderately priced. With a housing index of 85.0, it indicates a balanced market for buying and renting. The median home price of 204000 makes homeownership more attainable compared to many larger cities. Additionally, average rents for a 2-bedroom apartment at 880 and a house at 850 suggest affordability for newcomers. Overall, Madisonville offers reasonable housing options, ideal for both families and professionals looking for value without sacrificing quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Madisonville, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Madisonville, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 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 Madisonville is a financially viable option for your relocation.