New Albany, Indiana vs. Madison, Indiana

Cost of Living Comparison

The cost of living in Madison, Indiana is 11.2% cheaper than New Albany, Indiana.

You would need a salary of $66,637 in Madison, Indiana to maintain the standard of living you have in New Albany, Indiana.
Comparison highlights
• Overall, Madison, Indiana is cheaper than New Albany, Indiana
• Transportation is the biggest factor in the cost of living difference.
Transportation
25% cheaper in Madison
than in New Albany, Indiana
New Albany, IN vs. Madison, IN
Compared to New Albany, Madison is:
  Homeowner
      No Child Care, Taxes not Considered
  11.2% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.2% lower
  Housing (Homeowner)
  6.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.6% higher
  Commute
  25.9% lower
  Health
  2.5% lower
  Taxes
  Childcare
  Personal
  4.8% lower