Louisville, OH vs Madison, OH

Louisville, OH and Madison, OH have a very similar cost of living, with only a 3.7% difference in their overall index. Louisville scores 72 while Madison scores 75 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 Louisville is $842/month compared to $888/month in Madison — a 5% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Madison actually has lower median home values ($190,900 vs $192,700).

Median household income in Louisville is $58,269 compared to $95,313 in Madison (-38.9%). 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 Louisville spend roughly 17.3% of their income on rent, more than the 11.2% in Madison.

Climate-wise, both cities share similar average temperatures (51.7°F vs 48.9°F). Louisville receives more rainfall at 41.6" per year compared to 37.1" in Madison.