Cosmos, MN vs Madison, MN

Cosmos is moderately more affordable than Madison, with a 10.7% lower cost of living index. Cosmos scores 63 compared to 70 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 Cosmos is $699/month compared to $920/month in Madison — a 24% difference. Home values follow the same pattern: Cosmos is more affordable at $95,000 median vs $104,600.

Median household income in Cosmos is $50,833 compared to $56,435 in Madison (-9.9%). The higher salaries in Madison partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cosmos spend roughly 16.5% of their income on rent, less than the 19.6% in Madison.