Housing costs in Madison?
A typical home costs
$53,900, which is 84.1% less expensive than the national average of
$338,100 and 70.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Madison costs
$580 per month, which is 59.4% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$840.
Can I afford Madison?
To live comfortably in Madison, Arkansas, a minimum annual income of
$10,440 for a family, and
$18,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, AR is generally quite affordable. Housing prices are typically lower than the national average, making it an attractive option for those looking for a more budget-friendly place to live. Groceries and other basic goods are also reasonably priced, as well as utilities like electricity and water. The overall cost of living is much lower than in larger cities, making Madison a great place to live if you want to save some money while still enjoying a comfortable lifestyle.