North Madison, OH Cost Of Living

The latest cost of living statistics for North Madison. Includes statistics on rent, mortgages, healthcare, and other costs for North Madison compared to the state and national averages.

Cost of living in North Madison, Ohio

Cost of living in North Madison research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means North Madison is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

91 Cost of living index 0.9x lower vs US
#138 Cheapest in Ohio (of 284)
#1,207 Cheapest in the U.S. (of 6,489)
$177,322 Median home value
$1,155 Median rent
$67,711 Median income
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What is the cost of living in North Madison, OH?

According to the most recent data on the cost of living, North Madison has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.

Compared to Ohio, North Madison has a cost of living index that's 1.0x higher than Ohio's index of 90.

The standard of living in North Madison ranks as #138 most affordable out of the 284 places we measured in Ohio. By definition, that implies North Madison ranks as the #146 most expensive place in the Buckeye State.

For more reading on life in North Madison, check out:

North Madison Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in North Madison. Here is how it fares on each of the criteria:

  • The Services index in North Madison is 101.

  • The Groceries index in North Madison is 99.

  • The Health index in North Madison is 74.

  • The Housing index in North Madison is 97.

  • The Transportation index in North Madison is 95.

  • The Utilities index in North Madison is 91.

Living Expense North Madison Ohio National Average
Overall 91 90 100
Services 101 97 100
Groceries 99 97 100
Health 74 75 100
Housing 97 97 100
Transportation 95 95 100
Utilities 91 97 100

North Madison Cost Of Living Compared To Ohio Averages

Services
North Madison 101
Ohio avg 97
Groceries
North Madison 99
Ohio avg 97
Health
North Madison 74
Ohio avg 75
Housing
North Madison 97
Ohio avg 97
Transportation
North Madison 95
Ohio avg 95
Utilities
North Madison 91
Ohio avg 97

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Ohio, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

North Madison, OH Housing Cost Breakdown

$177,322Median Home Value
$1,155Median Rent
$67,711Median Income

Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in North Madison is $177,322.

  • The Median Rent in North Madison is $1,155.

  • The Median Income in North Madison is $67,711.

  • The Home Value To Income in North Madison is 2.6x.

  • The Rent To Monthly Income in North Madison is 0.2x.

Statistic North Madison Ohio United States
Median Home Value $177,322 $242,141 $332,700
Median Rent $1,155 $1,034 $1,413
Median Income $67,711 $71,389 $80,734
Home Value To Income 2.6x 3.4x 4.1x
Rent To Monthly Income 0.2x 0.17x 0.21x

North Madison, OH Costs By Category

Detailed North Madison Services costs vs. Ohio
Item North Madison Ohio
Shampoo $1.45 $1.28
Movie $11.6 $12.13
Bowling $18.27 $18
Haircut $23.67 $24.26
Beauty Salon $35.31 $45.56
Detailed North Madison Groceries costs vs. Ohio
Item North Madison Ohio
Ground Beef $5.46 $5.84
Fried Chicken $1.39 $1.57
Milk $4.57 $4.67
Potatoes $5.38 $4.93
Pizza $9.98 $12.09
Beer $10.51 $10.41
Toothpaste $3.68 $3.7
Detailed North Madison Health costs vs. Ohio
Item North Madison Ohio
Optometrist $103.58 $125.68
Doctor $119.67 $135.78
Dentist $109.73 $113.29
Detailed North Madison Transportation costs vs. Ohio
Item North Madison Ohio
Gasoline $3.41 $3.46
Tire Balancing $57.76 $59.92
Detailed North Madison Utilities costs vs. Ohio
Item North Madison Ohio
All Electricity $205.88 $193.99
Phone $186.78 $192.25

North Madison SnackAbility

4Overall SnackAbility
Jobs 6/10
Housing 7/10
Affordability 8/10
Diversity 4/10
SafetyN/A
Amenities 8.5/10
Education 5/10
Commute 5/10

Cost Of Living In Cities Around North Madison

The cost of living varies in the cities and towns around North Madison. Here's a quick look at the cost of living in the most populous nearby places:

  • Mentor, OH has a cost of living index of 99, 1.1x North Madison.

  • Painesville, OH has a cost of living index of 86, 0.9x North Madison.

  • Ashtabula, OH has a cost of living index of 82, 0.9x North Madison.

City Population Cost Of Living Vs. North Madison
Mentor, OH 47,171 99 1.1x
Painesville, OH 20,548 86 0.9x
Ashtabula, OH 17,856 82 0.9x
Mentor-on-the-Lake, OH 7,111 91 1.0x
Geneva, OH 5,886 85 0.9x
Chardon, OH 5,249 100 1.1x