Ellington, MO vs Madison, MO

Ellington, MO and Madison, MO have a very similar cost of living, with only a 0.6% difference in their overall index. Ellington scores 58 while Madison scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Ellington is $678/month compared to $644/month in Madison — a 5% difference. Interestingly, home values tell a different story: while Madison has cheaper rent, Ellington actually has lower median home values ($70,000 vs $86,800).

Median household income in Ellington is $33,953 compared to $44,375 in Madison (-23.5%). While Madison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellington spend roughly 24% of their income on rent, more than the 17.4% in Madison.