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Cost & Benefits

Cost of living in Madison, Florida

Simple answer

Typical rent is $887 a month.

Madison is a city in Florida. That rent number includes utilities. A typical household earns $30,673 a year.

Is Madison affordable?See benefits in Madison
People
2,967
Census average, 2020–2024
Typical rent
$887
Median gross rent, includes utilities
Typical pay
$30,673
Median household income, yearly
Typical home
$78,500
Median home value
2-bedroom fair rent
$978
Madison County, FL

Madison, Florida has about 2,967 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $78,500.

HUD's fair-market rent for a 2-bedroom in Madison County is $978 a month. That is the county number, not an apartment listing in Madison. It runs from October 2026 through September 2027.

Florida's prices sit at 103.4 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Florida does not tax wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Madison's exact store tax.

In July 2026, a typical Florida home paid 15.03¢ per kilowatt-hour. That is a state average from EIA, not Madison's bill.

In 2025, all-grades gas in Florida averaged $3.06 a gallon. EIA prints this yearly price for only some states.

Among 730 places we list in Florida with a rent figure, 685 have higher typical rent than Madison.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near MadisonWhat EBT can buy in Florida

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Florida

Bigger places in Florida

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.