Housing costs in Madison?
A typical home costs
$337,500, which is 0.2% less expensive than the national average of
$338,100 and 38.3% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Madison costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 29.5% more than the state average of
$1,030.
Can I afford Madison?
To live comfortably in Madison, Wisconsin, a minimum annual income of
$64,800 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Madison?
Madison, Wisconsin offers plenty of activities alongside an impressive cost-of-living that makes it worth considering. Homeowners can benefit from various types of housing choices ranging from low cost single family homes to beachfront apartments - while renters also have access to lots of great deals nowadays as well. Moreover, food and transportation costs are much lower than other US cities - giving you more value for your dollar if you choose Madison as your home.