Housing costs in Madison?
A typical home costs
$217,700, which is 35.6% less expensive than the national average of
$338,100 and 18.8% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Madison costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Madison?
To live comfortably in Madison (zip 57042), South Dakota, a minimum annual income of
$41,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, SD (zip code 57042) is very affordable compared to other cities. The median home value in the area is around $128,000, which is significantly lower than the national average. The cost of basic necessities such as groceries and utilities are also much lower than those found in larger cities. Overall, Madison is a great place to live if you want an affordable place to call home.