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Madison Heights, MI vs Taylor, MI

84
Madison Heights
Michigan
VS
+9.2%
77
Taylor
Michigan

Taylor is moderately more affordable than Madison Heights, with a 9.2% lower cost of living index. Madison Heights scores 84 compared to 77 for Taylor, where the US average is 100. This difference means residents of Madison Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison Heights is $1,138/month compared to $1,036/month in Taylor — a 10% difference. Home values follow the same pattern: Taylor is more affordable at $141,200 median vs $190,300.

Median household income in Madison Heights is $66,726 compared to $59,537 in Taylor (+12.1%). While Madison Heights 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 Heights spend roughly 20.5% of their income on rent, less than the 20.9% in Taylor.

Income & Cost

Cost of Living Index
Madison Heights
84
Taylor
77
8% cheaper
Median Household Income
Madison Heights
$66,726
11% higher
Taylor
$59,537

Housing

Median Rent
Madison Heights
$1,138
Taylor
$1,036
9% cheaper
Median Home Value
Madison Heights
$190,300
Taylor
$141,200
26% cheaper
Population
Madison Heights
28,411
Taylor
62,405

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madison Heights $3.00
Taylor $3.00
US $3.07
🥚
Eggs (grade A, large)
Madison Heights $2.45
Taylor $2.45
US $2.50
🥛
Milk (whole)
Madison Heights $3.94
Taylor $3.94
US $4.03
🍞
Bread (white)
Madison Heights $1.81
Taylor $1.81
US $1.85
🍗
Chicken breast
Madison Heights $4.06
Taylor $4.06
US $4.14
Electricity
Madison Heights $0.20
Taylor $0.20
US $0.19