What is a pro or con of living in Madison, Wisconsincompared to Silver Bay, Minnesota?

Median Home Cost is 150% more expensive in Madison.

What salary do I need to live in Madison, Wisconsin copmared to Silver Bay, Minnesota?

A salary of $75,000 in Silver Bay, Minnesota should increase to $106,067 in Madison, Wisconsin (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SILVER BAY vs. MADISON
Cost of Living Comparison

Silver Bay, Minnesota vs. Madison, Wisconsin

Cost of Living Comparison

The cost of living in Madison, Wisconsin is 41.4% more expensive than Silver Bay, Minnesota.

You would need a salary of $106,067 in Madison, Wisconsin to maintain the standard of living you have in Silver Bay, Minnesota.

Comparison highlights

• Overall, Madison, Wisconsin is more expensive than Silver Bay, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
150% more expensive in Madison
than in Silver Bay, Minnesota

Silver Bay, MN vs. Madison, WI

Compared to Silver Bay, Madison is:

Homeowner

No Child Care, Taxes not Considered

41.4% higher

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

3.9% higher

Housing (Homeowner)

186.3% higher

Housing (Rent)

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Median Home Cost

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Utilities

22.2% higher

Commute

14.6% higher

Health

6.9% higher

Taxes

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Childcare

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Personal

1.3% higher

Cost of Food

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Silver Bay, Minnesota vs. Madison, Wisconsin

Cost of Living Comparison

Comparison highlights

Silver Bay, MN vs. Madison, WI

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