Atwood, IL vs Madison, IL

Atwood is moderately more affordable than Madison, with a 5.9% lower cost of living index. Atwood scores 64 compared to 68 for Madison, where the US average is 100. This difference means residents of Madison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Atwood is $743/month compared to $1,010/month in Madison — a 26% difference. Interestingly, home values tell a different story: while Atwood has cheaper rent, Madison actually has lower median home values ($51,200 vs $119,500).

Median household income in Atwood is $58,875 compared to $44,181 in Madison (+33.3%). Atwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Atwood spend roughly 15.1% of their income on rent, less than the 27.4% in Madison.