El Paso 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
$1,246
$1,723
🛏️ 2-bedroom rent
$1,088
$1,628
💵 Families earn per year
$64,435
$84,177
🔑 Buying a house
$184,500
$372,900
📊 Overall prices (U.S. = 100)
89.9
97.3
🏛️ Property tax per year
$3,760
$6,541
⚡ Electric bill per month
$113
$120
👥 People living there
680,130
278,001
Commute to work
23.4 min
19.4 min
College degree
28.1%
59.9%
Own their home
60.8%
46%
Below poverty line
18.4%
16.4%
Unemployment
6%
2.7%
Bottom line
- Pick El Paso 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 | El Paso | Madison | Difference |
|---|---|---|---|
| Electrician | $48,140 | $78,430 | +63% in Madison |
| Operations Manager | $77,770 | $126,620 | +63% in Madison |
| Plumber | $53,560 | $85,160 | +59% in Madison |
| Carpenter | $42,430 | $63,480 | +50% in Madison |
| Server (Waiter/Waitress) | $21,870 | $30,910 | +41% in Madison |
| Medical Assistant | $35,790 | $48,750 | +36% in Madison |
| Market Research Analyst | $50,680 | $67,990 | +34% in Madison |
| HVAC Technician | $47,270 | $63,150 | +34% in Madison |
Frequently asked questions
Is El Paso or Madison cheaper to live in?
El Paso is about 8% cheaper overall. Rent is $1,246 a month there versus $1,723 in Madison.
What salary do I need in Madison to match $60,000 in El Paso?
About $64,921 a year gives the same standard of living in Madison.
Where do people earn more, El Paso or Madison?
The typical household earns $64,435 in El Paso and $84,177 in Madison, 23% more in Madison.