Looking for a fresh start in a new Madison neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Madison for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 235
-19%
Cost of Living Index 90 vs 111
19% lower than Madison
Population 1,527
-19%
Cost of Living Index 90 vs 111
19% lower than Madison
Population 1,105
-19%
Cost of Living Index 90 vs 111
19% lower than Madison
Population 3,132
-15%
Cost of Living Index 94 vs 111
15% lower than Madison
Population 279
-15%
Cost of Living Index 94 vs 111
15% lower than Madison
Population 182
-14%
Cost of Living Index 95 vs 111
14% lower than Madison
Population 666
-14%
Cost of Living Index 96 vs 111
14% lower than Madison
Population 4,602
-13%
Cost of Living Index 96 vs 111
13% lower than Madison
Population 389
-13%
Cost of Living Index 97 vs 111
13% lower than Madison
Population 2,266
-12%
Cost of Living Index 97 vs 111
12% lower than Madison
Is This the Right Place for You? Local Insights Report
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Local Insights Report