Madison, AL Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
105
Madison's Overall Cost Of Living
1.1x
Higher Than The National Average
103 out of 116
In Alabama
3,704 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Madison is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Madison, AL?

According to the most recent data on the cost of living, Madison has an overall cost of living index of 105 which is 1.1x higher than the national index of 100.

Compared to only Alabama, Madison has a cost of living index that's 1.2x higher than Alabama's index of 89.

The standard of living in Madison ranks as #3,705 most affordable out of the 6,522 places we measured in Alabama. By definition, that implies Madison ranks as the #2,702 most expensive place in the Heart of Dixie.

For more reading on life in Madison, check out:

Madison Cost Of Living Vs. Alabama

Living Expense Madison Alabama National Average
Overall 105 89 100
Services 105 98 100
Groceries 93 96 100
Health 100 91 100
Housing 116 72 100
Transportation 99 91 100
Utilities 97 103 100
For more reading on cost of living around Alabama, check out:
Madison Cost of Living Vs. AL

Madison, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$253,000
Median Home Value
$946
Median Rent
$99,188
Median Income
Statistic Madison Alabama United States
Median Home Value $253,000 $142,700 $217,500
Median Rent $946 $792 $1,062
Median Income $99,188 $50,536 $62,843
Home Value To Income 2.6x 2.8x 3.5x
Rent To Monthly Income 0.11x 0.19x 0.2x

Detailed Madison Services Costs Vs. Alabama

Item Madison Alabama
Shampoo $0.89 $1.01
Movie $9.19 $10.72
Bowling $20.0 $13.86

Detailed Madison Groceries Costs Vs. Alabama

Item Madison Alabama
Ground Beef $4.4 $3.9
Fried Chicken $1.57 $1.4
Milk $1.36 $1.96

Detailed Madison Health Costs Vs. Alabama

Item Madison Alabama
Haircut $18.0 $17.49
Beauty Salon $31.32 $38.17
Toothpaste $2.29 $2.32

Detailed Madison Transportation Costs Vs. Alabama

Item Madison Alabama
Potatoes $2.47 $3.18
Pizza $10.49 $10.39
Beer $9.24 $9.23
Optometrist $108.0 $106.34
Doctor $115.0 $115.25
Dentist $102.0 $98.38

Detailed Madison Utilities Costs Vs. Alabama

Item Madison Alabama
Gasoline $2.36 $2.59
Tire Balancing $56.0 $48.9
All Electricity $161.29 $167.6
Phone $178.98 $163.42

Madison SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8.5
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
9
Commute
8.5

Cost Of Living In Cities Around Madison

City Population Cost Of Living Vs. Madison
Huntsville, AL 196,219 97 0.9x
Decatur, AL 54,478 87 0.8x
Athens, AL 25,922 88 0.8x
Albertville, AL 21,541 88 0.8x
Cullman, AL 15,729 88 0.8x
Scottsboro, AL 14,526 91 0.9x
Hartselle, AL 14,428 87 0.8x
Muscle Shoals, AL 14,103 87 0.8x
Winchester, TN 8,706 89 0.8x
Meridianville, AL 7,087 96 0.9x

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