Cost of living in Madison, Ohio

Madison, Ohio has about 3,417 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $207,100.

HUD's fair-market rent for a 2-bedroom in Lake County is $1,274 a month. That is the county number, not an apartment listing in Madison. It runs from October 2026 through September 2027.

In the Cleveland, OH metro area, prices sit at 93.9 when the U.S. average is 100. That is a 2024 BEA index.

Ohio taxes wages. A typical combined sales tax is 7.3% as of January 1, 2026. That mix is statewide, not Madison's exact store tax.

Some places in Ohio add a local wage tax. In 2023 the state average was about 1.20% of income. That is not a Madison bill.

In July 2026, a typical Ohio home paid 19.45¢ per kilowatt-hour. That is a state average from EIA, not Madison's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Ohio was $3.974 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $1,907.52 a year. Those miles are our standard, not a Census figure, and every town in Ohio shares this price.

Among 618 places we list in Ohio with a rent figure, 283 have higher typical rent than Madison.