Madison, OH, has a lower cost of living than the nationwide average. Housing costs are 20% lower, groceries are 10% lower, utilities are 5% lower, transportation is 15% lower, healthcare costs match the average, and miscellaneous items are also 15% lower. This makes Madison an attractive option for those looking to save on living expenses while maintaining quality services and goods.
Madison, OH, presents a cost of living that is slightly lower than the nationwide average. With a cost of living index of 85, Madison offers a more affordable living experience for those considering a move. This index reflects the overall cost of living, which includes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Among these, housing stands out with an index of 80, making it notably cheaper compared to the national average of 100.
In addition to housing, Madison residents benefit from relatively low grocery costs, with an index of 90. Utilities in Madison are also slightly below the national average, at 95. Transportation costs in Madison are set at 85, adding another point of savings. Healthcare and miscellaneous expenses align closely with the national average, both at 100, ensuring that essential services remain comparable to the rest of the country. Overall, Madison provides an attractive balance of affordability and essential service availability, making it an appealing choice for professional job seekers.