salaryMadison is 6% 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
$1,892
$1,723
🛏️ 2-bedroom rent
$1,827
$1,628
💵 Families earn per year
$88,254
$84,177
🔑 Buying a house
$315,600
$372,900
📊 Overall prices (U.S. = 100)
103.1
97.3
🏛️ Property tax per year
$4,752
$6,541
⚡ Electric bill per month
$159
$120
👥 People living there
256,492
278,001
Commute to work
24.1 min
19.4 min
College degree
42.4%
59.9%
Own their home
38.1%
46%
Below poverty line
11%
16.4%
Unemployment
4.5%
2.7%
Bottom line
- Pick Irving for higher incomes, cheaper homes, less poverty.
- Pick Madison for lower rent, cheaper 2-bedroom apartments, shorter commutes and 2 more.
Pay for the same job
| Job | Irving | Madison | Difference |
|---|---|---|---|
| Plumber | $61,250 | $85,160 | +39% in Madison |
| Electrician | $59,010 | $78,430 | +33% in Madison |
| Carpenter | $48,740 | $63,480 | +30% in Madison |
| Server (Waiter/Waitress) | $24,160 | $30,910 | +28% in Madison |
| Lawyer | $168,510 | $124,130 | -26% in Madison |
| Computer Systems Analyst | $122,520 | $100,550 | -18% in Madison |
| Nursing Assistant | $38,530 | $45,260 | +17% in Madison |
| Cashier | $29,910 | $34,550 | +16% in Madison |
Frequently asked questions
Is Irving or Madison cheaper to live in?
Madison is about 6% cheaper overall. Rent is $1,723 a month there versus $1,892 in Irving.
What salary do I need in Madison to match $60,000 in Irving?
About $56,623 a year gives the same standard of living in Madison.
Where do people earn more, Irving or Madison?
The typical household earns $88,254 in Irving and $84,177 in Madison, 5% more in Irving.