Housing costs in Madison?
A typical home costs
$191,700, which is 43.3% less expensive than the national average of
$338,100 and 5.4% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Madison costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 9.7% more than the state average of
$840.
Can I afford Madison?
To live comfortably in Madison Arkan County, Arkansas, a minimum annual income of
$36,720 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, AR County is significantly lower than the national average. With a score of 80.3, Madison residents can expect to pay much less than the US average cost of living (100). This lower cost of living coincides with the median house value for the county which is $191,700 - significantly lower than the US average of $338,100. As a result, Madison offers great value and affordability for those looking to buy property.