Cost of Living in Madison, VA

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D+
20%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
58%
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 Virginia National
Cost of living120111100
Groceries104103100
Health care104103100
Housing158129100
Transportation103105100
Utilities106104100
Lifestyle & Entertainment101103100
Household Items104102100
Education & Childcare106109100
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Homes For Sale In Madison, VA

property for sale

850 Oak Park Rd

Madison, VA
property for sale

Malvern Dr

Culpeper, VA
property for sale

359 Malvern Dr

Madison, VA
property for sale

114 Marshall Rd

Madison, VA

Cost Of Living Quick Facts

  • The cost of living in Madison is 8% higher than the Virginia average
  • The cost of living in Madison is 20% higher than the national average
  • Madison housing is 58% higher than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia 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, VA 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$36,458$3,038$851$1,094
      Renters$55,530$4,628$1,296$1,666

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Stanley, VA2,223981.6%
      Twin Lakes, VA1,5661055.2%
      Orange, VA5,1401066.5%
      Stanardsville, VA5061087.7%
      Ruckersville, VA1,2821099.0%
      Madison, VA33612020.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      King Salmon, AK33612221.5%
      Chauncey, GA3368118.9%
      Irwin, IA3368119.2%
      Templeton, IA336919.5%
      Stonefort, IL3368119.0%
      Madison, VA33612020.1%
      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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