Cost of Living: Madisonville, TX vs Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madisonville | Okeechobee |
|---|---|---|
| Housing Index | 98.2 | 110.9 |
| Median Home Price | $204,000 | $206,800 |
| Average Rent (2 BR Apartment) | $1563 | $2141 |
| Average Rent (2 BR House) | $1699 | $2327 |
Housing Comparison: Madisonville vs Okeechobee
- The median home price in Okeechobee is higher at $206,800, compared to $204,000 in Madisonville.
- In Okeechobee, the rental for a two-bedroom apartment stands at $2,141, while it is $1,563 in Madisonville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madisonville | Okeechobee |
|---|---|---|
| Electricity Price | $14.47 | $13.89 |
| Natural Gas Price | $26.29 | $26.13 |
| Other Utilities | $235 | $243 |
Utilities Comparison: Madisonville vs Okeechobee
- Electricity costs are higher in Madisonville at $14.47 per kWh, compared to $13.89 in Okeechobee.
- Natural gas is more expensive in Madisonville at $26.29 per unit, while it is cheaper at $26.13 in Okeechobee.
- Okeechobee has higher utility expenses, averaging $243, while Madisonville averages $235.