Housing costs in Madison?
A typical home costs
$165,900, which is 50.9% less expensive than the national average of
$338,100 and 54.2% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Madison costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 95.0% cheaper than the state average of
$1,560.
Can I afford Madison?
To live comfortably in Madison (zip 32340), Florida, a minimum annual income of
$31,680 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 32340 Madison, FL is fairly moderate compared to other areas in the state. The median home price in the area is about $75,000, which is lower than the median home price in Florida as a whole. The cost of utilities and transportation are also reasonably priced, while groceries and health care costs are slightly higher than average. Overall, this area is a great place for those looking to purchase a home at an affordable price while still enjoying all the amenities and attractions of living in Florida.