Madison, Alabama vs. New Hope, Alabama

Cost of Living Comparison

The cost of living in New Hope, Alabama is 10.2% cheaper than Madison, Alabama.

You would need a salary of $44,924 in New Hope, Alabama to maintain the standard of living you have in Madison, Alabama.
Comparison highlights
• Overall, New Hope, Alabama is cheaper than Madison, Alabama
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in New Hope
than in Madison, Alabama
Madison, AL vs. New Hope, AL
Compared to Madison, New Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  10.2% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.5% lower
  Housing (Homeowner)
  47.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.3% higher
  Commute
  16.2% higher
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  0.9% lower
Cost of Food
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