salaryMadison is 8% 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
$2,065
$1,723
🛏️ 2-bedroom rent
$2,127
$1,628
💵 Families earn per year
$102,153
$84,177
🔑 Buying a house
$616,000
$372,900
📊 Overall prices (U.S. = 100)
105.8
97.3
🏛️ Property tax per year
$2,751
$6,541
⚡ Electric bill per month
$113
$120
👥 People living there
718,877
278,001
Commute to work
24.9 min
19.4 min
College degree
56.5%
59.9%
Own their home
48.8%
46%
Below poverty line
11.2%
16.4%
Unemployment
4.9%
2.7%
Bottom line
- Pick Denver 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 | Denver | Madison | Difference |
|---|---|---|---|
| Firefighter | $87,980 | $56,430 | -36% in Madison |
| Plumber | $63,900 | $85,160 | +33% in Madison |
| Market Research Analyst | $99,040 | $67,990 | -31% in Madison |
| Lawyer | $177,380 | $124,130 | -30% in Madison |
| Electrician | $63,150 | $78,430 | +24% in Madison |
| Server (Waiter/Waitress) | $39,650 | $30,910 | -22% in Madison |
| Computer Systems Analyst | $127,880 | $100,550 | -21% in Madison |
| Police Officer | $101,970 | $80,580 | -21% in Madison |
Frequently asked questions
Is Denver or Madison cheaper to live in?
Madison is about 8% cheaper overall. Rent is $1,723 a month there versus $2,065 in Denver.
What salary do I need in Madison to match $60,000 in Denver?
About $55,182 a year gives the same standard of living in Madison.
Where do people earn more, Denver or Madison?
The typical household earns $102,153 in Denver and $84,177 in Madison, 21% more in Denver.