Cost of Living in Madison, MO

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17%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
50%
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 Missouri National
Cost of living8390100
Groceries9996100
Health care9597100
Housing5077100
Transportation9896100
Utilities9795100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare9895100
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Homes For Sale In Madison, MO

property for sale

0 W Highway 24

Moberly, MO
property for sale

TRACT 7 County Road 1117

Marion Township, MO
property for sale

TRACT 18 County Road 1117

Marion Township, MO
property for sale

TRACT 3 County Road 1117

Marion Township, MO
See the Newest Homes For Sale In Madison, MO

Cost Of Living Quick Facts

  • The cost of living in Madison is 8% lower than the Missouri average
  • The cost of living in Madison is 17% lower than the national average
  • Madison housing is 50% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Madison

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Compare Madison, MO Cost of Living

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      Salary Calculator

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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$62,480$5,207$1,458$1,875
      Renters$30,354$2,530$708$911

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Goss, MO0991.4%
      Excello, MO30972.7%
      Jacksonville, MO1397524.6%
      Holliday, MO1247624.2%
      Paris, MO1,6318019.8%
      Madison, MO4378317.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Advance, IN4378812.1%
      Pleasant View, KY4378317.3%
      DeRuyter, NY437909.5%
      Munnsville, NY437955.2%
      Tontogany, OH437909.9%
      Madison, MO4378317.0%
      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.
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