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Florence, AL vs Madison, AL

68
Florence
Alabama
VS
-35.4%
105
Madison
Alabama

The cost of living difference between Florence, AL and Madison, AL is dramatic. Florence is 35.4% cheaper than Madison, a gap that translates to thousands of dollars per year in household expenses. Florence has a cost index of 68 while Madison sits at 105, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Florence is $784/month compared to $1,375/month in Madison — a 43% difference. Home values follow the same pattern: Florence is more affordable at $174,100 median vs $367,900.

Median household income in Florence is $50,396 compared to $131,436 in Madison (-61.7%). 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 Florence spend roughly 18.7% of their income on rent, more than the 12.6% in Madison.

Climate-wise, both cities share similar average temperatures (60.7°F vs 62.9°F). Florence receives more rainfall at 57.6" per year compared to 54.3" in Madison.

Income & Cost

Cost of Living Index
Florence
68
35% cheaper
Madison
105
Median Household Income
Florence
$50,396
Madison
$131,436
62% higher

Housing

Median Rent
Florence
$784
43% cheaper
Madison
$1,375
Median Home Value
Florence
$174,100
53% cheaper
Madison
$367,900
Population
Florence
41,231
Madison
58,335

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Florence $2.90
Madison $2.90
US $3.07
🥚
Eggs (grade A, large)
Florence $2.37
Madison $2.37
US $2.50
🥛
Milk (whole)
Florence $3.81
Madison $3.81
US $4.03
🍞
Bread (white)
Florence $1.75
Madison $1.75
US $1.85
🍗
Chicken breast
Florence $3.92
Madison $3.92
US $4.14
Electricity
Florence $0.17
Madison $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Florence 60.7°F
Madison 62.9°F
Summer High
Florence 89°F
Madison 92°F
Winter Low
Florence 31°F
Madison 33°F
Rainfall
Florence 57.6"
Madison 54.3"
Rainy Days
Florence 0d
Madison 118d