Housing costs in Madison?
A typical home costs
$350,700, which is 3.7% more expensive than the national average of
$338,100 and 63.9% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Madison costs
$1,190 per month, which is 26.6% more than the national average of
$940 and 13.4% more than the state average of
$1,030.
Can I afford Madison?
To live comfortably in Madison (zip 35758), Alabama, a minimum annual income of
$67,320 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 35758 Madison, AL is relatively low. According to BestPlaces.net, the cost of living index for this area is 83.4 which is lower than the US average (100). The median home price in 35758 Madison, AL is $226,000 which is much less expensive than other nearby areas such as Huntsville and Decatur. The median household income in 35758 Madison, AL is $95,710 which is slightly higher than the state's average of $91,719. Overall, living in 35758 Madison, AL provides a comfortable quality of life with a reasonable cost to its residents.