Housing costs in Madison?
A typical home costs
$378,300, which is 11.9% more expensive than the national average of
$338,100 and 22.7% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Madison costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 16.4% cheaper than the state average of
$1,280.
Can I afford Madison?
To live comfortably in Madison, Georgia, a minimum annual income of
$72,360 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Madison?
Madison, GA is a great place to live as it offers an affordable cost of living. According to BestPlaces, the cost of living index in Madison is around 83.69, which is lower than the US average of 100. Rent prices are quite affordable in the city with an average one-bedroom apartment costing only around $650 per month. Grocery prices are also low compared to other cities in the US and basic products such as milk and bread can be purchased for no more than $4-$5 each. Other amenities such as transportation and utilities are also very affordable in Madison, with public transit costing just $1.50 for a single ride or $30 for an unlimited monthly pass. In general, residents of Madison enjoy a comfortable cost of living that allows them to save money while still enjoying all that the city has to offer.