Madison is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$1,723
$1,893
🛏️ 2-bedroom rent
$1,628
$1,729
💵 Families earn per year
$84,177
$87,717
🔑 Buying a house
$372,900
$420,700
📊 Overall prices (U.S. = 100)
97.3
103.3
🏛️ Property tax per year
$6,541
$1,850
⚡ Electric bill per month
$120
$181
👥 People living there
278,001
1,642,323
Commute to work
19.4 min
25.6 min
College degree
59.9%
33.6%
Own their home
46%
57.3%
Below poverty line
16.4%
13.7%
Unemployment
2.7%
5%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Phoenix for higher incomes, less poverty.
Pay for the same job
| Job | Madison | Phoenix | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $30,910 | $47,530 | +54% in Phoenix |
| Plumber | $85,160 | $63,750 | -25% in Phoenix |
| Operations Manager | $126,620 | $98,610 | -22% in Phoenix |
| Electrician | $78,430 | $61,210 | -22% in Phoenix |
| Licensed Practical Nurse | $64,550 | $78,080 | +21% in Phoenix |
| Market Research Analyst | $67,990 | $74,590 | +10% in Phoenix |
| Firefighter | $56,430 | $61,780 | +9% in Phoenix |
| Lawyer | $124,130 | $135,670 | +9% in Phoenix |
Frequently asked questions
Is Madison or Phoenix cheaper to live in?
Madison is about 6% cheaper overall. Rent is $1,723 a month there versus $1,893 in Phoenix.
What salary do I need in Phoenix to match $60,000 in Madison?
About $63,718 a year gives the same standard of living in Phoenix.
Where do people earn more, Madison or Phoenix?
The typical household earns $84,177 in Madison and $87,717 in Phoenix, 4% more in Phoenix.