salaryMadison is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Madison to live the same way.
🏠 Rent per month
$1,619
$1,723
🛏️ 2-bedroom rent
$1,479
$1,628
💵 Families earn per year
$67,058
$84,177
🔑 Buying a house
$229,600
$372,900
📊 Overall prices (U.S. = 100)
104.5
97.3
🏛️ Property tax per year
$3,354
$6,541
⚡ Electric bill per month
$157
$120
👥 People living there
573,243
278,001
Commute to work
29.1 min
19.4 min
College degree
36.1%
59.9%
Own their home
47.5%
46%
Below poverty line
19.7%
16.4%
Unemployment
6.5%
2.7%
Bottom line
- Pick Baltimore for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Madison for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Baltimore | Madison | Difference |
|---|---|---|---|
| Plumber | $63,200 | $85,160 | +35% in Madison |
| Firefighter | $73,810 | $56,430 | -24% in Madison |
| Electrician | $65,590 | $78,430 | +20% in Madison |
| Elementary School Teacher | $76,400 | $63,690 | -17% in Madison |
| Server (Waiter/Waitress) | $36,170 | $30,910 | -15% in Madison |
| Pharmacist | $138,110 | $158,120 | +14% in Madison |
| Licensed Practical Nurse | $74,860 | $64,550 | -14% in Madison |
| Dental Hygienist | $116,130 | $100,340 | -14% in Madison |
Frequently asked questions
Is Baltimore or Madison cheaper to live in?
Madison is about 7% cheaper overall. Rent is $1,723 a month there versus $1,619 in Baltimore.
What salary do I need in Madison to match $60,000 in Baltimore?
About $55,866 a year gives the same standard of living in Madison.
Where do people earn more, Baltimore or Madison?
The typical household earns $67,058 in Baltimore and $84,177 in Madison, 20% more in Madison.