Housing costs in Madison?
A typical home costs
$199,200, which is 41.1% less expensive than the national average of
$338,100 and 28.2% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Madison costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 13.8% cheaper than the state average of
$1,070.
Can I afford Madison?
To live comfortably in Madison Tennes County, Tennessee, a minimum annual income of
$38,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, TN County is significantly lower than the national average. According to data from the US Census Bureau, the median house value in Madison TN is approximately $199,200 which is substantially lower than the national average of $338,100. Additionally, the cost of living in Madison County is 80.7 compared to 100 for the US as a whole. This means that overall living expenses are 20% less expensive in Madison than they are on average across America. All of this makes Madison an attractive place to live for those looking for an affordable place to call home.