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Hoover, AL vs Madison, AL

107
Hoover
Alabama
VS
+2%
105
Madison
Alabama

Hoover, AL and Madison, AL have a very similar cost of living, with only a 2% difference in their overall index. Hoover scores 107 while Madison scores 105 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 Hoover is $1,404/month compared to $1,375/month in Madison — a 2% difference. Home values follow the same pattern: Madison is more affordable at $367,900 median vs $391,300.

Median household income in Hoover is $107,822 compared to $131,436 in Madison (-18%). 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 Hoover spend roughly 15.6% of their income on rent, more than the 12.6% in Madison.

Climate-wise, both cities share similar average temperatures (63.9°F vs 62.9°F). Hoover receives more rainfall at 56.6" per year compared to 54.3" in Madison.

Income & Cost

Cost of Living Index
Hoover
107
Madison
105
2% cheaper
Median Household Income
Hoover
$107,822
Madison
$131,436
18% higher

Housing

Median Rent
Hoover
$1,404
Madison
$1,375
2% cheaper
Median Home Value
Hoover
$391,300
Madison
$367,900
6% cheaper
Population
Hoover
92,401
Madison
58,335

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hoover 63.9°F
Madison 62.9°F
Summer High
Hoover 91°F
Madison 92°F
Winter Low
Hoover 35°F
Madison 33°F
Rainfall
Hoover 56.6"
Madison 54.3"
Rainy Days
Hoover 118d
Madison 118d