Madison, FL Cost of Living


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United States / Florida / No Metro Area / Madison County / Madison / Zip Codes
How much do I need to live in Madison, Florida?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Madison cost of living score
78.5
Less expensive
21.5% lower
than the US average
23.9% lower
than the Florida average
Madison, Florida gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 23.9% lower than the average for Florida.

Madison, FL

Housing costs in Madison?
A typical home costs $168,900, which is 50.0% less expensive than the national average of $338,100 and 53.4% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Madison costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 83.5% cheaper than the state average of $1,560.

Can I afford Madison?
To live comfortably in Madison, Florida, a minimum annual income of $32,400 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Madison?
Madison, FL is a great place to live with its low cost of living. According to the BestPlaces Bureau, Madison has an overall cost of living that is below the national average, making it an attractive location for many seeking to save money. The median home price in Madison is around $93,000, which is significantly lower than the national median of $188,900. Additionally, groceries and other goods are also cheaper in Madison than they are nationwide. These factors combined make Madison an attractive city for those looking for a cheaper place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMadisonFloridaUnited States
    Unlock103.1100.0
  95.1  Unlock100.0
    Unlock102.3100.0
  37.4  Unlock100.0
    Unlock$362,400$338,100
  111.7  Unlock100.0
    Unlock112.6100.0
  73.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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