Madison cost of living
Cost of living in the city of Madison
Madison, WI had 707,606 people in the Census Vintage 2024 estimates. The HUD area used for rent is Madison, WI HUD Metro FMR Area. The 2024 all-items regional price parity is 97.3, where the U.S. average is 100.
2-bedroom Fair Market Rent
$1,565
FY 2027, principal HUD area
Median gross rent
$1,437
ACS 2024 1-year
Goods prices
93.8
BEA goods RPP, 2024
Utilities prices
89.8
BEA utilities RPP, 2024
Mean commute
21.9 minutes
ACS S0801, workers who did not work from home
Median household income
$89,714
ACS 2024, 2024 dollars
Median real estate taxes divided by median home value in this metro are 1.44%. Childcare prices are not in the verified dataset.
Benefits in Wisconsin
Benefit rules in this tool follow the state, not the city. SNAP in Wisconsin · Medicaid · Wisconsin overview
Related comparisons
From Madison
The eight largest 2-bedroom Fair Market Rent gaps from Madison.
- Madison and San Francisco · rent gap $2,132
- Madison and San Jose · rent gap $1,707
- Madison and Boston · rent gap $1,443
- Madison and New York · rent gap $1,406
- Madison and Los Angeles · rent gap $1,399
- Madison and San Diego · rent gap $1,258
- Madison and Miami · rent gap $999
- Madison and Seattle · rent gap $984
Nearby metros
Next in the population ranking: Kiryas Joel, Winston-Salem, Akron