Cost of Living in Madison, GA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.1
100 = national avg
+23.1 vs national average
Living Wage (1 Adult)
$54,186
per year
Living Wage (Family of 4)
$128,076
per year
Cost Index by Category
Housing137.4
Food110.5
Transportation121.0
Healthcare108.4
Utilities113.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,315
per month
2 Bedroom
$1,442
per month
The overall cost of living index in Madison is 123.1, which is 23.1% above the national average. Housing costs are above the national average at an index of 137.4. A single adult needs to earn approximately $54,186 per year to cover basic expenses.