Madison is 14% 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
$3,405
$1,723
🛏️ 2-bedroom rent
$3,344
$1,628
💵 Families earn per year
$147,451
$84,177
🔑 Buying a house
$1,191,500
$372,900
📊 Overall prices (U.S. = 100)
113.6
97.3
🏛️ Property tax per year
$9,543
$6,541
⚡ Electric bill per month
$113
$120
👥 People living there
311,690
278,001
Commute to work
24.7 min
19.4 min
College degree
70.6%
59.9%
Own their home
44.5%
46%
Below poverty line
10.8%
16.4%
Unemployment
5.9%
2.7%
Bottom line
- Pick Irvine for higher incomes, a more educated workforce, less poverty.
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Irvine | Madison | Difference |
|---|---|---|---|
| Firefighter | $98,050 | $56,430 | -42% in Madison |
| Elementary School Teacher | $101,860 | $63,690 | -37% in Madison |
| Lawyer | $194,410 | $124,130 | -36% in Madison |
| Police Officer | $121,980 | $80,580 | -34% in Madison |
| Registered Nurse | $135,560 | $101,190 | -25% in Madison |
| Plumber | $71,110 | $85,160 | +20% in Madison |
| Software Developer | $160,920 | $130,630 | -19% in Madison |
| Licensed Practical Nurse | $79,310 | $64,550 | -19% in Madison |
Frequently asked questions
Is Irvine or Madison cheaper to live in?
Madison is about 14% cheaper overall. Rent is $1,723 a month there versus $3,405 in Irvine.
What salary do I need in Madison to match $60,000 in Irvine?
About $51,399 a year gives the same standard of living in Madison.
Where do people earn more, Irvine or Madison?
The typical household earns $147,451 in Irvine and $84,177 in Madison, 75% more in Irvine.