Housing costs in Madison?
A typical home costs
$216,800, which is 35.9% less expensive than the national average of
$338,100 and 11.6% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Madison costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 17.9% cheaper than the state average of
$920.
Can I afford Madison?
To live comfortably in Madison Kentu County, Kentucky, a minimum annual income of
$41,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, KY County is considerably lower than the US average. It has an index rating of 83.9, compared to the US average of 100. This lower cost of living can be seen in the median house value for Madison County, which is $216800 compared to the US average house value of $338,100. Despite the lower figures, this area offers a wide range of amenities and activities that make it desirable for those looking to move into the area.