Cost of Living in Madison, WV

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13%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
34%
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 West Virginia National
Cost of living8785100
Groceries9897100
Health care9694100
Housing6662100
Transportation9495100
Utilities9694100
Lifestyle & Entertainment9794100
Household Items9795100
Education & Childcare8991100
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Homes For Sale In Madison, WV

property for sale

60 Woodland Dr

Madison, WV
property for sale

225 Smarr Ct

Madison, WV
property for sale

80 Woodland Dr

Madison, WV
property for sale

309 Riverside Dr W

Madison, WV
See the Newest Homes For Sale In Madison, WV

Cost Of Living Quick Facts

  • The cost of living in Madison is 2% higher than the West Virginia average
  • The cost of living in Madison is 13% lower than the national average
  • Madison housing is 34% lower than the national average
  • West Virginia general sales tax is 18% higher than the national average
  • West Virginia state income tax is 16% higher than the national average

Most Affordable Places to Live in and Around Madison

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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$82,682$6,890$1,929$2,481
      Renters$42,210$3,518$985$1,266

      West Virginia Sales Tax

      State General Sales Tax With Max Surtax
      West Virginia 6% 7%

      West Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      West Virginia 3% 6.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Twilight, WV44964.4%
      Henlawson, WV124964.4%
      Van, WV142964.4%
      Big Creek, WV76964.4%
      Greenview, WV2936931.4%
      Madison, WV2,8288713.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Loxley, AL2,828990.9%
      Knob Noster, MO2,8288713.2%
      West Hammond, NM2,828963.6%
      Colonial Pine Hills, SD2,82811716.8%
      Rio Grande, NJ2,82712121.1%
      Madison, WV2,8288713.4%
      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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