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Madison, FL vs Wedgefield, FL

69
Madison
Florida
VS
-45.4%
126
Wedgefield
Florida

The cost of living difference between Madison, FL and Wedgefield, FL is dramatic. Madison is 45.4% cheaper than Wedgefield, a gap that translates to thousands of dollars per year in household expenses. Madison has a cost index of 69 while Wedgefield sits at 126, 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 Madison is $849/month compared to $1,833/month in Wedgefield — a 54% difference. Home values follow the same pattern: Madison is more affordable at $84,400 median vs $419,100.

Median household income in Madison is $31,025 compared to $120,440 in Wedgefield (-74.2%). While Wedgefield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison spend roughly 32.8% of their income on rent, more than the 18.3% in Wedgefield. The Wedgefield ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Wedgefield is notably warmer with an average of 73°F compared to 67°F in Madison. Wedgefield receives more rainfall at 51.4" per year compared to 48.4" in Madison.

Income & Cost

Cost of Living Index
Madison
69
45% cheaper
Wedgefield
126
Median Household Income
Madison
$31,025
Wedgefield
$120,440
74% higher

Housing

Median Rent
Madison
$849
54% cheaper
Wedgefield
$1,833
Median Home Value
Madison
$84,400
80% cheaper
Wedgefield
$419,100
Population
Madison
2,960
Wedgefield
8,556

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madison
Wedgefield $2.95
US $3.07
🥚
Eggs (grade A, large)
Madison
Wedgefield $2.41
US $2.50
🥛
Milk (whole)
Madison
Wedgefield $3.88
US $4.03
🍞
Bread (white)
Madison
Wedgefield $1.78
US $1.85
🍗
Chicken breast
Madison
Wedgefield $3.99
US $4.14
Electricity
Madison
Wedgefield $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Madison 67°F
Wedgefield 73°F
Summer High
Madison 92°F
Wedgefield 92°F
Winter Low
Madison 39°F
Wedgefield 50°F
Rainfall
Madison 48.4"
Wedgefield 51.4"
Rainy Days
Madison 118d
Wedgefield 121d