Boyce, VA vs Madison, VA

There is a significant gap in the cost of living between these two cities. Madison is 21.3% cheaper than Boyce. With a cost index of 90 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to Boyce should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boyce is $1,224/month compared to $986/month in Madison — a 24% difference. Home values follow the same pattern: Madison is more affordable at $312,500 median vs $417,800.

Median household income in Boyce is $108,125 compared to $47,059 in Madison (+129.8%). While Boyce is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boyce spend roughly 13.6% of their income on rent, less than the 25.1% in Madison.