Housing costs in Madison?
A typical home costs
$254,600, which is 24.7% less expensive than the national average of
$338,100 and 30.6% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Madison costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 13.1% more than the state average of
$930.
Can I afford Madison?
To live comfortably in Madison I County, Iowa, a minimum annual income of
$48,960 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, IA County is significantly lower than the national average. The median house value in Madison County is $254,600, which is about 75% of the US average house value of $338,100. Additionally, the cost of living in Madison County is 87.4 compared to 100 for the US average. This means that residents of Madison County enjoy a substantially lower cost of living than people across the United States as a whole.