Madison, Indiana vs. Richmond, Indiana

Cost of Living Comparison

The cost of living in Richmond, Indiana is 11.5% cheaper than Madison, Indiana.

You would need a salary of $66,389 in Richmond, Indiana to maintain the standard of living you have in Madison, Indiana.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Madison, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
35% cheaper in Richmond
than in Madison, Indiana
Madison, IN vs. Richmond, IN
Compared to Madison, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  11.5% 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
  4.1% lower
  Housing (Homeowner)
  34.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.8% lower
  Commute
  8.3% lower
  Health
  12.4% higher
  Taxes
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  Childcare
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  Personal
  9.0% lower
Cost of Food
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