Housing costs in Madison?
A typical home costs
$193,700, which is 42.7% less expensive than the national average of
$338,100 and 1.7% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Madison costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Madison?
To live comfortably in Madison, Ohio, a minimum annual income of
$37,080 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, OH is quite reasonable. According to recent data, the median home costs only $126,400 and the median rent is an affordable $876 a month. Additionally, the cost of groceries, transportation, and utility bills are all well below the national average. All of these factors make Madison a great place to live for those looking for an affordable yet quality lifestyle.