Madison County, NC Cost of Living


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How much do I need to live in Madison, North Carolina?
$5,340 / month
for a family, 1.1% less expensive than the national average A total of $64,080 for the year for a family.
$4,333 / month
for a single person, 9.1% less expensive than the national average A total of $52,000 for the year for a single person.

Madison cost of living score
95.7
Less expensive
4.3% lower
than the US average
5.2% higher
than the North Carolina average
Madison North Carol County, North Carolina gets a BestPlaces Cost of Living score of 95.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% lower than the U.S. average and 5.2% lower than the average for North Carolina.

Madison County, NC

Housing costs in Madison?
A typical home costs $333,900, which is 1.2% less expensive than the national average of $338,100 and 15.4% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Madison costs $1,470 per month, which is 2.8% more than the national average of $1,430 and 24.5% more than the state average of $1,110.

Can I afford Madison?
To live comfortably in Madison North Carol County, North Carolina, a minimum annual income of $64,080 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Madison?
The cost of living in Madison, NC County is 95.7, which is below the US average of 100. This means the cost of goods and services are relatively cheaper than the national average. This makes Madison a great place to live because residents can benefit from lower costs on everyday items while still enjoying all the amenities of living near a major metropolitan area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMadisonNorth CarolinaUnited States
    Unlock91.0100.0
  99.2  Unlock100.0
    Unlock107.2100.0
  80.5  Unlock100.0
    Unlock$289,300$338,100
  101.2  Unlock100.0
    Unlock83.9100.0
  87.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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