Cost of Living in Madison, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.5
100 = national avg
+12.5 vs national average
Living Wage (1 Adult)
$49,513
per year
Living Wage (Family of 4)
$117,030
per year
Cost Index by Category
Housing99.9
Food116.7
Transportation118.0
Healthcare113.4
Utilities110.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,077
per month
2 Bedroom
$1,299
per month
The overall cost of living index in Madison is 112.5, which is 12.5% above the national average. Housing costs are below the national average at an index of 99.9. A single adult needs to earn approximately $49,513 per year to cover basic expenses.