Cost of Living: Madison, MS vs Boone, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Boone |
|---|---|---|
| Housing Index | 86 | 99.5 |
| Median Home Price | $281,000 | $300,000 |
| Average Rent (2 BR Apartment) | $2113 | $1944 |
| Average Rent (2 BR House) | $2297 | $2113 |
Housing Comparison: Madison vs Boone
- The median home price in Boone is higher at $300,000, compared to $281,000 in Madison.
- Renting a two-bedroom apartment costs more in Madison at $2,113 than in Boone at $1,944.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Boone |
|---|---|---|
| Electricity Price | $13.42 | $13.72 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $207 | $234 |
Utilities Comparison: Madison vs Boone
- Boone has higher electricity costs at $13.72 per kWh, versus $13.42 in Madison.
- Natural gas price data is currently unavailable.
- Boone has higher utility expenses, averaging $234, while Madison averages $207.