Cost of living and prices in Madison, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Madison, Wisconsin is a city in the United States located in Northern America. With coordinates at 43.07305 latitude and -89.40123 longitude, the city is situated at an elevation of 272 meters above sea level. As of 2021, Madison has a population of 259,680 people and operates on the America/Chicago time zone, with GMT -6.0.

Madison is known for its status as the state capital of Wisconsin and for its thriving economy, fueled by several major industries such as biotechnology, healthcare, and education. As the home of the University of Wisconsin-Madison, the city is also recognized as a center for innovative research and education.

Despite its growing popularity and economic success, Madison remains an affordable place to live, with a cost of living that is lower than many other major U.S. cities. The city offers a range of housing options, from historic neighborhoods with large, single-family homes to trendy apartments in modern downtown developments. With a strong sense of community and a commitment to sustainability, Madison is an excellent choice for those seeking high quality of life at an affordable price.

Cost of Living Estimate in Madison

Total cost of living in Madison for two person with average consumption for one month will be 1294.83 USD, no rent price included. Click here to calculate cost-of-living estimate in Madison

You can calculate cost of living in Madison by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Madison, United States has a wide array of dining options that cater to all tastes and budgets. For those looking for upscale dining, Madison has several award-winning restaurants that offer a fine-dining experience. These restaurants often have a sophisticated atmosphere, serving dishes made with high-quality ingredients and presented beautifully. If you're in the mood for something more casual, there are plenty of pubs and bistros that offer delicious food in a more laid-back setting. These places often focus on comfort food and large portions.

If you're on the go and need a quick bite, there are plenty of food trucks and cafes in Madison that offer tasty options to pick up on the way. These food trucks and cafes often specialize in a particular cuisine like Vietnamese, Mexican, or Indian and offer a great variety to choose from. If you're not in the mood for a sit-down meal, some of these places also offer great grab-and-go options like sandwiches, salads, and wraps. Whatever your dining preference may be, Madison has a restaurant or eatery that will satisfy your taste buds!

Meal in Inexpensive Restaurant
14.00 $
Meal for 2 People, Mid-range Restaurant, Three-course
55.00 $
McMeal at McDonalds or Alternative Combo Meal
8.00 $
Domestic Beer, 0.5 liter Draught
4.25 $
Imported Beer, 0.33 liter Bottle
5.00 $
Cappuccino
3.89 $
Coca-Cola, 0.33 liter Bottle
1.87 $

Markets prices

Madison, United States is a bustling city with a diverse economy, and this is reflected in the range of prices on the market. Whether you're looking for groceries, housing, or transportation, you'll find a wide variety of options in Madison. In general, prices tend to be in line with national averages, but there are some exceptions. For example, housing can be quite expensive in certain neighborhoods, while other areas offer more affordable options. The key is to do your research and compare prices to find the best deal for your needs and budget.

Another factor that impacts market prices in Madison is the season. Like many cities in the northern United States, Madison experiences significant fluctuations in temperature and weather conditions throughout the year. This can impact prices in a variety of sectors, from outdoor recreation and tourism to home heating and clothing. Whether you're participating in winter sports or soaking up the sun by one of Madison's many lakes, it's important to be aware of seasonal trends and plan accordingly to make the most of your time and budget in this vibrant city.

Water, 0.33 liter Bottle
1.56 $
Milk, Regular,1 liter
0.76 $
Loaf of Fresh White Bread, 0.5 kg
3.30 $
White Rice, 1 kg
4.38 $
Eggs, 12 pack
2.12 $
Local Cheese, 1 kg
10.63 $
Chicken Breasts, Boneless and Skinless, 1 kg
11.71 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
13.32 $
Apples, 1 kg
2.98 $
Banana, 1 kg
1.08 $
Oranges, 1 kg
3.27 $
Tomato, 1 kg
3.09 $
Potato, 1 kg
2.61 $
Onion, 1 kg
2.28 $
Lettuce, 1 head
1.37 $
Water, 1.5 liter Bottle
1.90 $
Bottle of Wine, Mid-Range Price
10.00 $
Domestic Beer, 0.5 liter Bottle
1.88 $
Imported Beer, 0.33 liter Bottle
2.97 $
Pack of Cigarettes
8.00 $

Transportation prices

If you're looking for an eco-friendly way to explore Madison, the city is home to a bike share program. The program features over 40 stations across the city where visitors and locals can rent bikes by the hour or day. Madison is well-known for its bike-friendly infrastructure, which includes bike lanes, paths, and trails. Biking is a great way to explore Madison's beautiful scenery while also getting some exercise.

If biking isn't your thing, Madison also has a reliable public transportation system. Buses run throughout the city, with stops located near many of the most popular attractions. The bus system is easy to navigate, and visitors can purchase day passes or pay per ride to get around. Additionally, Madison has a bustling taxi and ride-sharing scene, making it easy to hail a car whenever needed. No matter what your transportation preference is, Madison has options that will make getting around the city a breeze.

One-way Ticket, Local Transport
2.00 $
Monthly Pass, Regular Price
62.50 $
Taxi Start, Normal Tariff
4.00 $
Taxi, price for 1 km, Normal Tariff
1.68 $
Taxi, price for 1 hour Waiting, Normal Tariff
39.00 $
Gasoline, 1 liter
0.59 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
20,500.00 $

Utilities Per Month prices

If you're planning on visiting Madison, United States, it's important to note that utilities cost could be higher than what you're used to. This includes electricity, heating, water, and other necessary services. The city experiences harsh winter weather, which can lead to higher heating costs. Additionally, high energy consumption during the summer months due to air conditioning can also drive up electricity bills in the city. Therefore, it's important to budget accordingly to avoid any surprises when it comes to utility expenses.

It's also worth noting that utility costs in Madison, United States can vary depending on where you stay. If you plan on staying in a hotel, some may include utilities in their rates, while others may charge them separately as an additional cost. If you're renting an apartment or a house, make sure to ask the landlord about the expected utility costs. It's important to have a clear understanding of what you're paying for and budget accordingly. Overall, it's always a good idea to research and plan for utilities costs in Madison, United States, especially if you're traveling on a tight budget.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
118.72 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.15 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
56.99 $

Sports And Leisure prices

Madison, United States has plenty to offer when it comes to sports and leisure activities. The city is home to many beautiful parks and lakes, including the famous Lake Mendota, which is an ideal spot for swimming, boating, and fishing. If you're a fan of running or hiking, the city offers a vast network of trails that connect the major city parks and allows visitors to explore beautiful natural landscapes. For those interested in team sports, Madison also has a number of excellent fields and facilities for baseball, soccer, and even ultimate frisbee. Sports enthusiasts will undoubtedly find plenty of opportunities to enjoy their favorite activities in Madison.

Aside from sports, Madison also has much to offer those seeking leisure activities. The city is known for its vibrant arts and cultural scene, with many galleries, museums, and theaters to explore. Additionally, Madison offers plenty of dining options, ranging from casual to upscale, as well as many shopping districts filled with unique local boutiques. For those seeking relaxation and wellness, Madison has no shortage of spas and health clubs to help visitors achieve their desired level of tranquility. With so much to see and explore, visitors to Madison will never have a dull moment during their stay in the city.

Fitness Club, Monthly Fee for 1 Adult
53.84 $
Tennis Court Rent, 1 Hour on Weekend
13.00 $

Salaries And Financing prices

Madison, United States, is known for its thriving job market and competitive salaries across a variety of industries. With a median household income well above the national average, the cost of living in Madison is relatively high. However, the city offers many financing opportunities, from affordable housing options to small business loans. Madison is consistently ranked as one of the best places to live in the United States and its salaries and financing options are a big factor contributing to its appeal.

For those interested in starting a business, Madison offers a wealth of resources to help get off the ground. The city has a strong entrepreneurial spirit, with several co-working spaces, incubators, and accelerators available for startups. Additionally, Madison has a supportive community of investors and mentors eager to connect with and support new businesses. Whether you're an individual looking for financing for a small venture, or an established business owner seeking to expand, Madison has numerous financing options available to help achieve your goals.

Cinema ticket, 1 Seat
12.00 $
Average Monthly Net Salary, After Tax
3,660.23 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
3.82 %

Childcare prices

Childcare is a significant expense for families in Madison, United States. The cost of childcare varies depending on the child's age, the type of care required, and the location. Generally, the cost of childcare for infants and toddlers is higher compared to preschoolers and Kindergarten. Many families in Madison rely on childcare centers and kindergartens to take care of their children while they work or attend school.

Schools and Kindergartens in Madison offer a variety of programs and services to cater to the diverse needs of families. Most schools and kindergartens offer full-day and half-day programs, and some even provide before and after-school care services. The cost of these programs usually includes meals and snacks, educational activities, and transportation. Some schools and kindergartens also offer extended care services to accommodate parents' schedules. However, the cost of these services may vary depending on the type of program and the duration of care required.

Private Preschool or Kindergarten, Monthly for 1 Child
957.00 $
International Primary School, Yearly for 1 Child
9,500.00 $

Clothing And Shoes prices

Madison, the capital city of Wisconsin, has a diverse range of options when it comes to buying clothing and shoes. From high-end boutiques to thrift stores, the city caters to all budget ranges. You can find a variety of stores carrying top branded clothing and shoes. Whether you are looking for designer clothes or budget-friendly options, the city has something for everyone. Moreover, you can also find fashionable and trendy clothing in the local markets sold at reasonable prices.

In addition to the offline stores, Madison also boasts a thriving online marketplace, making it easy for you to browse multiple sites and find the perfect outfit or pair of shoes at an unbeatable price. However, if you prefer the traditional shopping experience, head to Hilldale, the city's premier shopping destination. You can find numerous upscale retailers, providing a range of high-quality clothing and footwear options. Madison is undoubtedly a fantastic place for shopping, with something to suit all tastes and budgets, so whether you're looking for a new pair of shoes, a fancy dress or a functional jacket, you'll find it in the city.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
47.62 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
38.00 $
Pair of Running Shoes, Mid-Range Price
71.63 $
Pair of Leather Business Shoes
107.62 $

Rent Per Month prices

If you're looking for short-term rental options in Madison, you're in luck! There are plenty of hotels, motels, and apartment complexes that offer nightly or weekly rates. Staying in a hotel is a great option if you'll only be in town for a few days and want to be close to the city's main attractions. Alternatively, you may want to consider renting a furnished apartment if you plan to stay for a few weeks or months. Renting an apartment gives you the flexibility to cook your own meals and live like a local. Whatever you choose, there are plenty of options to fit your needs and budget.

Madison has a wide range of short stay options to fit all types of travelers. Whether you're on a tight budget or looking for luxury accommodations, you'll find what you're looking for in this city. The prices vary depending on the location, amenities, and time of year. Keep in mind that weekends and holiday periods tend to be more expensive than weekdays and off-season times. And if you book in advance, you may be able to save some money on your stay. So, before you make a decision, do a little research to find the best deals and make sure you get the most out of your short stay in Madison!

One bedroom apartment in city centre
1,187.73 $
One bedroom apartment outside of city centre
947.95 $
Three bedroom apartment in city centre
2,009.76 $
Three bedroom apartment outside of city centre
1,597.10 $

Buy Apartment prices

Madison, Wisconsin is a popular city in the United States to consider purchasing real estate. The city offers many different types of properties, from charming single-family homes to sleek modern apartments. Depending on your preferences, there is a range of prices that you could expect to pay for real estate in Madison. The city is continually growing, so there are plenty of neighborhoods to choose from, each with its unique vibe and selection of properties.

One of the great things about buying real estate in Madison is that there are options for everyone, from first-time buyers to investors seeking high-end properties. You can find a range of dwellings in different sizes, styles, and price ranges, from brand new developments to historic homes bursting with charm. The city's vibrant culture, strong economy, and desirable location make it an excellent place for real estate investing, whether you plan to own a home or rent out properties to others.

Price per m2 to Buy Apartment in City Center
3,442.37 $
Price per m2 to Buy Apartment Outside of City Center
1,812.97 $