Madison cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMadisonOhioNational
Cost of living index9491100
IndexMadisonOhioNational
Goods & Services index101100100
Groceries index10698100
Health care index10696100
Housing index7673100
Transportation index103102100
Utilities index9491100
How would you rate the cost of living in Madison?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in Madison?
Write a review to give others more information about this area.
See all Madison poll results

Did you know?

  • The cost of living in Madison is 3% higher than the Ohio average.
  • The cost of living in Madison is 6% lower than the national average.
  • The cost of housing in Madison is 24% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 28% higher than the national average.

Compare Madison, OH Cost of living To Other Cities

      vs

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$67,824$5,652$1,582$2,035
      Renters$31,094$2,591$725$933

      Ohio Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Ohio5.75%8%

      Ohio Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Ohio2.85%4.797%

      Goods & Services

      ItemMadisonNational avg.Difference
      Haircut $19.40$17.4910.9%
      Beauty Salon $35.80$38.176.2%
      Toothpaste $2.37$2.322.1%
      Shampoo $1.07$1.015.7%
      Movie $11.26$10.725.0%
      Bowling $15.60$13.8612.5%

      Groceries

      ItemMadisonNational avg.Difference
      Ground Beef $4.81$3.9023.3%
      Fried Chicken $1.81$1.4029.7%
      Milk $1.54$1.9621.5%
      Potatoes $3.21$3.180.8%
      Pizza $11.99$10.3915.4%
      Beer $8.28$9.2310.3%

      Health Care

      ItemMadisonNational avg.Difference
      Optometrist $85.40$106.3419.7%
      Doctor $117.00$115.251.5%
      Dentist $111.00$98.3812.8%
      Ibuprofen $9.96$9.267.5%
      Lipitor $505.49$466.478.4%

      Housing

      ItemMadisonNational avg.Difference
      Home Price $136,200.00$184,700.0026.3%
      Avg. Mortgage Payment $995.65$1,273.3221.8%
      Apartment Rent $764.00$949.0019.5%

      Transportation

      ItemMadisonNational avg.Difference
      Gasoline $2.83$2.599.1%
      Tire Balancing $46.27$48.905.4%

      Utilities

      ItemMadisonNational avg.Difference
      All Electricity$152.39$167.609.1%
      Phone $177.75$163.428.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Ashtabula, OH18,54085-15%
      Jefferson, OH3,29587-13%
      Geneva, OH6,07788-12%
      Geneva-on-the-Lake, OH1,35288-12%
      Rock Creek, OH33389-11%
      Madison, OH3,16694-6%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Hokendauqua, PA3,16699-1%
      Coventry Lake, CT3,16611414%
      Cutchogue, NY3,16615858%
      Warsaw, NC3,16686-14%
      Pickens, SC3,16690-10%
      Madison, OH3,16694-6%
      Source: The Madison, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.