Housing costs in Madison?
A typical home costs
$82,300, which is 75.7% less expensive than the national average of
$338,100 and 57.6% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Madison costs
$690 per month, which is 51.7% cheaper than the national average of
$1,430 and 40.6% cheaper than the state average of
$970.
Can I afford Madison?
To live comfortably in Madison, Kansas, a minimum annual income of
$15,840 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Madison?
Madison, KS is an affordable place to live with the cost of living being slightly lower than the national average. Residents here enjoy relatively low housing costs and taxes, while utilities remain affordable as well. The median home price for two-bedroom homes in Madison is roughly $73,000 and food prices are about 13% below the national average. In addition, while transportation expenses can be higher due to the car-reliant nature of the town, overall expenses tend to be quite manageable.