Madison (zip 53716), Wisconsin gets a BestPlaces Cost of Living index of 103.4, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 3.4 percent higher than the U.S. average and 15.0 percent higher than the average for Wisconsin.
A typical home costs $331,800, which is 1.9 percent less expensive than the national average of $338,100 and 35.9 percent more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Madison costs $1,280 per month, which is 24.3 percent more than the national average of $1,030 and 2.3 percent cheaper than the state average of $1,310.
To live comfortably in Madison (zip 53716), Wisconsin, a minimum annual income of $63,720 for a family, and $44,000 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Madison (zip 53716) is cheaper than the US average. A cost of living index above 100 means Madison (zip 53716), Wisconsin is more expensive.
Madison (zip 53716) cost of living is 103.4