Cost Of Living in Madison, MN

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18%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

53%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Madison	Minnesota	National
Cost of living	82	100	100
Groceries	98	100	100
Health care	95	100	100
Housing	47	100	100
Transportation	93	100	100
Utilities	104	104	100
Lifestyle & Entertainment	93	100	100
Household Items	95	100	100
Education & Childcare	98	99	100

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Homes For Sale In Madison, MN

310 E 4th St

Madison, MN

107 3rd Ave

Madison, MN

2493 231st Ave

Madison, MN

TBD County Highway 14

Madison, MN

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Cost Of Living Quick Facts

The cost of living in Madison is 19% lower than the Minnesota average
The cost of living in Madison is 18% lower than the national average
Madison housing is 53% lower than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$68,923	$5,744	$1,608	$2,068
Renters	$46,827	$3,902	$1,093	$1,405

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Boyd, MN	152	75	25.2%
Marietta, MN	170	73	26.7%
Nassau, MN	69	75	24.8%
Bellingham, MN	276	79	21.1%
Louisburg, MN	29	80	20.3%
Madison, MN	1,695	82	18.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Manito, IL	1,695	87	12.6%
Ainsworth, NE	1,695	83	17.0%
Old River-Winfree, TX	1,695	90	9.9%
Duck Lake 7, BC	1,695	n/a
Sturgis, KY	1,696	81	18.8%
Madison, MN	1,695	82	18.3%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Madison, MN

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

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Nearby cities with low cost of living

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