Lincolnshire, IL vs Madison, IL

The cost of living difference between Lincolnshire, IL and Madison, IL is dramatic. Madison is 146.4% cheaper than Lincolnshire, a gap that translates to thousands of dollars per year in household expenses. Lincolnshire has a cost index of 168 while Madison sits at 68, 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 Lincolnshire is $2,655/month compared to $1,010/month in Madison — a 163% difference. Home values follow the same pattern: Madison is more affordable at $51,200 median vs $625,800.

Median household income in Lincolnshire is $179,735 compared to $44,181 in Madison (+306.8%). While Lincolnshire is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincolnshire spend roughly 17.7% of their income on rent, less than the 27.4% in Madison.

Climate-wise, Madison is notably warmer with an average of 56.5°F compared to 50.8°F in Lincolnshire. Madison receives more rainfall at 40.8" per year compared to 32.3" in Lincolnshire.