Here's what it costs to live in Madison, Wisconsin, based on the latest US government data. Renters pay a median of $1,413 per month, while the typical home is valued around $372,900. Households earn a median of $78,050 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 27. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$78,050
Annual · Census ACS
Median Gross Rent
$1,413
Per month · Census ACS
Median Home Value
$372,900
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,268
HUD Fair Market Rent
1BR Fair Market Rent
$1,482
HUD FMR
2BR Fair Market Rent
$1,694
HUD FMR
3BR Fair Market Rent
$2,236
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
278,001
Latest estimate
Median Age
31.8 yrs
Census ACS
Average AQI
27.0
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
N/A
Per month
Avg Home Value
N/A
Census ACS
January Avg
20°F
July Avg
72°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.5
poor
Hospitals
5
Doctors per 1,000
1.00
Insurance Coverage
95.8%
What is the cost of living index for Madison?
The cost of living index for Madison is not yet available in our database.
What is the median rent in Madison?
The median gross rent in Madison is $1,413 per month according to US Census ACS data.
What is the median household income in Madison?
The median household income in Madison is $78,050 per year.
What is the median home value in Madison?
The median home value in Madison is $372,900 based on the latest Census ACS survey.
How is the air quality in Madison?
Madison has an average Air Quality Index (AQI) of 27.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Madison?
Tax data for Wisconsin is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
