Housing costs in Madison?
A typical home costs
$312,800, which is 7.5% less expensive than the national average of
$338,100 and 101.4% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Madison costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 16.0% more than the state average of
$890.
Can I afford Madison?
To live comfortably in Madison Mississi County, Mississippi, a minimum annual income of
$59,760 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, MS County is lower than the national average. According to recent figures, the median home value in Madison County is $312,800, while the US average house value is $338,100. Additionally, the Cost of Living Index for Madison County stands at 93.2 compared to the US national average of 100. This indicates that on average it is more affordable to live in Madison County than elsewhere in the United States. As a result, many people find this area attractive when considering where to live and work.