Cost of Living in Madison, NC

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9%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
35%
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 North Carolina National
Cost of living9196100
Groceries103100100
Health care10399100
Housing6588100
Transportation10299100
Utilities10299100
Lifestyle & Entertainment96100100
Household Items99100100
Education & Childcare106100100
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Homes For Sale In Madison, NC

property for sale

136 S K Fork Rd

Madison, NC
property for sale

134 Longview Rd

Madison, NC
property for sale

343 Gideon Grove Church Rd

Stokesdale, NC
property for sale

893 Eden Church Rd

Madison, NC

Cost Of Living Quick Facts

  • The cost of living in Madison is 5% lower than the North Carolina average
  • The cost of living in Madison is 9% lower than the national average
  • Madison housing is 35% lower than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Madison

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Compare Madison, NC Cost of Living

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      Utilities index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,966$6,831$1,912$2,459
      Renters$47,152$3,929$1,100$1,415

      North Carolina Sales Tax

      State General Sales Tax With Max Surtax
      North Carolina 4.75% 7.5%

      North Carolina Income Tax

      State Income Tax (Low) Income Tax (High)
      North Carolina 4.75% 4.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Mayodan, NC2,4308614.4%
      Eden, NC15,4558811.6%
      Sandy Level, VA7449010.3%
      Stoneville, NC1,271919.3%
      Ridgeway, VA1,198928.0%
      Madison, NC2,231919.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cudjoe Key, FL2,23114241.9%
      Mineralwells, WV2,2319010.4%
      Saint-Damien, QC2,231n/a 
      Colquitt, GA2,2308119.3%
      Apalachin, NY2,230972.5%
      Madison, NC2,231919.2%
      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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