salaryLincoln 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
$1,328
$1,723
🛏️ 2-bedroom rent
$1,219
$1,628
💵 Families earn per year
$77,509
$84,177
🔑 Buying a house
$264,000
$372,900
📊 Overall prices (U.S. = 100)
91.6
97.3
🏛️ Property tax per year
$4,023
$6,541
⚡ Electric bill per month
$104
$120
👥 People living there
294,856
278,001
Commute to work
18.4 min
19.4 min
College degree
41.8%
59.9%
Own their home
56.1%
46%
Below poverty line
12.7%
16.4%
Unemployment
3.3%
2.7%
Bottom line
- Pick Lincoln for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Madison for higher incomes, a more educated workforce, lower unemployment.
Pay for the same job
| Job | Lincoln | Madison | Difference |
|---|---|---|---|
| Plumber | $60,670 | $85,160 | +40% in Madison |
| Operations Manager | $92,780 | $126,620 | +36% in Madison |
| Electrician | $60,680 | $78,430 | +29% in Madison |
| Software Developer | $101,690 | $130,630 | +28% in Madison |
| Carpenter | $49,910 | $63,480 | +27% in Madison |
| Truck Driver | $81,790 | $59,700 | -27% in Madison |
| Accountant | $65,170 | $81,130 | +24% in Madison |
| Lawyer | $101,300 | $124,130 | +23% in Madison |
Frequently asked questions
Is Lincoln or Madison cheaper to live in?
Lincoln is about 6% cheaper overall. Rent is $1,328 a month there versus $1,723 in Madison.
What salary do I need in Madison to match $60,000 in Lincoln?
About $63,738 a year gives the same standard of living in Madison.
Where do people earn more, Lincoln or Madison?
The typical household earns $77,509 in Lincoln and $84,177 in Madison, 8% more in Madison.