Madison, OH, showcases a cost of living that is slightly below the nationwide average of 100. Specifically, Madison's overall cost of living index sits at 87. This index reflects that Madison residents spend around 13% less on living expenses compared to the national average. Breaking down the categories, Madison shows particularly lower housing costs at 75, which is 25% below the average. Other areas, such as groceries and healthcare, remain close to the national average, with indices of 90 and 92 respectively. This balanced distribution makes Madison an attractive option for those seeking a lower cost of living without sacrificing quality of life.
Madison, OH, offers a favorable cost of living compared to the nationwide average, which is indexed at 100. The housing index in Madison stands at 75, which means housing costs are 25% lower than the national average. This makes Madison an attractive option for job seekers looking to save on their housing expenses while maintaining a good quality of life.
In addition to lower housing costs, Madison also provides affordability in other key areas. Groceries cost 90 on the Madison index, which is 10% less than the national average. Utilities are slightly lower at 95, meaning they are only 5% above the national average. Transportation costs are at 85, which translates to a 15% savings. Healthcare and miscellaneous expenses also show competitive rates, with indices at 92 and 88, respectively. These figures indicate that Madison, OH, provides a cost-effective living environment with only a few areas slightly above the national average.
