Lovejoy, GA vs Madison, GA
Madison is moderately more affordable than Lovejoy, with a 6% lower cost of living index. Lovejoy scores 101 compared to 95 for Madison, where the US average is 100. This difference means residents of Lovejoy can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lovejoy is $1,546/month compared to $1,128/month in Madison — a 37% difference. Interestingly, home values tell a different story: while Madison has cheaper rent, Lovejoy actually has lower median home values ($228,500 vs $313,100).
Median household income in Lovejoy is $67,872 compared to $79,133 in Madison (-14.2%). 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 Lovejoy spend roughly 27.3% of their income on rent, more than the 17.1% in Madison.
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