According to the most recent data on the cost of living, Madison has an overall cost of living index of 106 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 90.
The standard of living in Madison ranks as #3,773 most affordable out of the 6,418 places we measured in Alabama. By definition, that implies Madison ranks as the #2,646 most expensive place in the Heart of Dixie.
|Living Expense||Madison||Alabama||National Average|
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.
|City||Population||Cost Of Living||Vs. Madison|
|Muscle Shoals, AL||14,379||89||0.8x|