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.