Housing costs in Madison?
A typical home costs
$144,700, which is 57.2% less expensive than the national average of
$338,100 and 50.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Madison costs
$770 per month, which is 30.6% cheaper than the national average of
$1,110 and 31.2% cheaper than the state average of
$1,010.
Can I afford Madison?
To live comfortably in Madison (zip 27025), North Carolina, a minimum annual income of
$27,720 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 27025 Madison, NC is relatively low. According to the Council for Community and Economic Research's Cost of Living Index, Madison ranks slightly below the national average. In addition, the area features affordable housing options, with median listing prices for homes hovering around $48,000, and monthly rent for a one bedroom apartment going for around $550-$650. With its low cost of living and picturesque landscape, Madison is an ideal place to call home for those looking for a more affordable lifestyle.