Cost of Living: Portland, OR vs Madisonville, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Portland Madisonville
Housing Index 120.0 98.2
Median Home Price $494,000 $204,000
Average Rent (2 BR Apartment) $2061 $1563
Average Rent (2 BR House) $2240 $1699

Housing Comparison: Portland vs Madisonville

  • In Portland, the median home price is higher at $494,000, while in Madisonville it is $204,000.
  • Renting a two-bedroom apartment costs more in Portland at $2,061 than in Madisonville at $1,563.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Portland Madisonville
Electricity Price $15.12 $14.47
Natural Gas Price $16.5 $26.29
Other Utilities $250 $235

Utilities Comparison: Portland vs Madisonville

  • Electricity costs are higher in Portland at $15.12 per kWh, compared to $14.47 in Madisonville.
  • Madisonville experiences higher natural gas costs at $26.29 per unit, with costs at $16.5 in Portland.
  • Other utility costs are higher in Portland at an average of $250, compared to Madisonville with $235.