Florence, AL vs Madison, AL
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.
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