salaryAbout the sameBased 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
$1,881
$1,723
🛏️ 2-bedroom rent
$1,690
$1,628
💵 Families earn per year
$88,510
$84,177
🔑 Buying a house
$385,700
$372,900
📊 Overall prices (U.S. = 100)
97.3
97.3
🏛️ Property tax per year
$2,808
$6,541
⚡ Electric bill per month
$126
$120
👥 People living there
903,844
278,001
Commute to work
24.7 min
19.4 min
College degree
48%
59.9%
Own their home
51%
46%
Below poverty line
11.7%
16.4%
Unemployment
4.6%
2.7%
Bottom line
- Pick Charlotte for higher incomes, less poverty.
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Charlotte | Madison | Difference |
|---|---|---|---|
| Firefighter | $38,700 | $56,430 | +46% in Madison |
| Plumber | $58,690 | $85,160 | +45% in Madison |
| Electrician | $59,080 | $78,430 | +33% in Madison |
| Police Officer | $63,190 | $80,580 | +28% in Madison |
| Carpenter | $50,960 | $63,480 | +25% in Madison |
| Lawyer | $157,180 | $124,130 | -21% in Madison |
| Market Research Analyst | $82,930 | $67,990 | -18% in Madison |
| Cashier | $29,610 | $34,550 | +17% in Madison |
Frequently asked questions
Is Charlotte or Madison cheaper to live in?
Charlotte and Madison cost about the same once rent and everyday costs are combined.
What salary do I need in Madison to match $60,000 in Charlotte?
About $59,962 a year gives the same standard of living in Madison.
Where do people earn more, Charlotte or Madison?
The typical household earns $88,510 in Charlotte and $84,177 in Madison, 5% more in Charlotte.