Housing costs in Madison?
A typical home costs
$168,600, which is 50.1% less expensive than the national average of
$338,100 and 59.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Madison costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 90.3% cheaper than the state average of
$1,960.
Can I afford Madison?
To live comfortably in Madison (zip 13402), New York, a minimum annual income of
$32,400 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Madison?
Living in 13402 Madison, NY can be quite expensive. The median home value is $151,600, and the median rent cost is around $1,050 per month. Utility costs are also high; electricity typically costs around $105 per month with other utilities like heating and water averaging about $90 combined. Food costs may vary depending on what you’re buying and where you’re shopping, but overall it can be costly if not carefully managed. Sales tax in Madison is 8%, slightly higher than the New York state average of 7%. All these factors make living in 13402 Madison, NY an expensive endeavor.