salaryMadison is 16% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in New York to live the same way.
🏠 Rent per month
$1,723
$2,806
🛏️ 2-bedroom rent
$1,628
$2,016
💵 Families earn per year
$84,177
$86,801
🔑 Buying a house
$372,900
$777,600
📊 Overall prices (U.S. = 100)
97.3
112.6
🏛️ Property tax per year
$6,541
$6,547
⚡ Electric bill per month
$120
$132
👥 People living there
278,001
8,483,844
Commute to work
19.4 min
40.3 min
College degree
59.9%
41.6%
Own their home
46%
32.8%
Below poverty line
16.4%
17.9%
Unemployment
2.7%
8%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 4 more.
- Pick New York for higher incomes.
Pay for the same job
| Job | Madison | New York | Difference |
|---|---|---|---|
| Firefighter | $56,430 | $106,420 | +89% in New York |
| Lawyer | $124,130 | $208,880 | +68% in New York |
| Server (Waiter/Waitress) | $30,910 | $47,610 | +54% in New York |
| Elementary School Teacher | $63,690 | $96,900 | +52% in New York |
| Market Research Analyst | $67,990 | $100,520 | +48% in New York |
| Police Officer | $80,580 | $105,540 | +31% in New York |
| Accountant | $81,130 | $105,650 | +30% in New York |
| Software Developer | $130,630 | $166,830 | +28% in New York |
Frequently asked questions
Is Madison or New York cheaper to live in?
Madison is about 16% cheaper overall. Rent is $1,723 a month there versus $2,806 in New York.
What salary do I need in New York to match $60,000 in Madison?
About $69,421 a year gives the same standard of living in New York.
Where do people earn more, Madison or New York?
The typical household earns $84,177 in Madison and $86,801 in New York, 3% more in New York.