Housing costs in Madison?
A typical home costs
$153,900, which is 54.5% less expensive than the national average of
$338,100 and 27.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Madison costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 26.7% cheaper than the state average of
$950.
Can I afford Madison?
To live comfortably in Madison (zip 65263), Missouri, a minimum annual income of
$29,520 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 65263 Madison, MO is significantly lower than the national average. The median home value is approximately $77,000, which is about 20% below the national average. Renting a one-bedroom apartment averages around $500 per month, making it an ideal place for budget-minded individuals and families. Additionally, transportation costs are low as well with gasoline prices averaging just under $2.50 per gallon. Overall, the cost of living in 65263 Madison, MO allows residents to enjoy a comfortable lifestyle without breaking their budgets.