Housing costs in Madison?
A typical home costs
$108,000, which is 68.1% less expensive than the national average of
$338,100 and 22.7% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Madison costs
$810 per month, which is 5.8% cheaper than the national average of
$860 and 8.6% cheaper than the state average of
$880.
Can I afford Madison?
To live comfortably in Madison (zip 25130), West Virginia, a minimum annual income of
$20,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 25130 Madison, WV is relatively affordable compared to the national average. The median home value is $114,500, which is well below the national median home value of $229,700. The cost of living index in this area is 85.9 and the grocery index is 92.6, both of which are significantly lower than the national averages of 100 for each. Renters can also find a good deal in this area as the median rent is just $723 per month, compared to the national median rent of $1,469 per month. Ultimately, this makes Madison a great place for people looking to live affordably but still have access to amenities like restaurants and shops.