Hoisington, KS vs Madison, KS
There is a significant gap in the cost of living between these two cities. Madison is 19.4% cheaper than Hoisington. With a cost index of 53 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to Hoisington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hoisington is $848/month compared to $590/month in Madison — a 44% difference. Home values follow the same pattern: Madison is more affordable at $48,600 median vs $78,800.
Median household income in Hoisington is $50,344 compared to $52,750 in Madison (-4.6%). Madison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hoisington spend roughly 20.2% of their income on rent, more than the 13.4% in Madison.
Climate-wise, both cities share similar average temperatures (54.8°F vs 55.7°F). Madison receives more rainfall at 34.8" per year compared to 24.8" in Hoisington.
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Climate
NOAA 30-year normals (1991-2020)