salaryMadison 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
$2,946
$1,723
🛏️ 2-bedroom rent
$2,132
$1,628
💵 Families earn per year
$105,380
$84,177
🔑 Buying a house
$566,900
$372,900
📊 Overall prices (U.S. = 100)
112.6
97.3
🏛️ Property tax per year
$8,627
$6,541
⚡ Electric bill per month
$127
$120
👥 People living there
294,078
278,001
Commute to work
36.8 min
19.4 min
College degree
54.8%
59.9%
Own their home
27.9%
46%
Below poverty line
15.6%
16.4%
Unemployment
5.5%
2.7%
Bottom line
- Pick Jersey City 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 | Jersey City | Madison | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $56,430 | -47% in Madison |
| Lawyer | $208,880 | $124,130 | -41% in Madison |
| Server (Waiter/Waitress) | $47,610 | $30,910 | -35% in Madison |
| Elementary School Teacher | $96,900 | $63,690 | -34% in Madison |
| Market Research Analyst | $100,520 | $67,990 | -32% in Madison |
| Police Officer | $105,540 | $80,580 | -24% in Madison |
| Accountant | $105,650 | $81,130 | -23% in Madison |
| Software Developer | $166,830 | $130,630 | -22% in Madison |
Frequently asked questions
Is Jersey City or Madison cheaper to live in?
Madison is about 14% cheaper overall. Rent is $1,723 a month there versus $2,946 in Jersey City.
What salary do I need in Madison to match $60,000 in Jersey City?
About $51,857 a year gives the same standard of living in Madison.
Where do people earn more, Jersey City or Madison?
The typical household earns $105,380 in Jersey City and $84,177 in Madison, 25% more in Jersey City.