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Madison, IN vs North Manchester, IN

73
Madison
Indiana
VS
+17.6%
62
North Manchester
Indiana

There is a significant gap in the cost of living between these two cities. North Manchester is 17.6% cheaper than Madison. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from North Manchester to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $827/month compared to $644/month in North Manchester — a 28% difference. Home values follow the same pattern: North Manchester is more affordable at $135,500 median vs $186,600.

Median household income in Madison is $57,050 compared to $63,438 in North Manchester (-10.1%). North Manchester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madison spend roughly 17.4% of their income on rent, more than the 12.2% in North Manchester.

Income & Cost

Cost of Living Index
Madison
73
North Manchester
62
15% cheaper
Median Household Income
Madison
$57,050
North Manchester
$63,438
10% higher

Housing

Median Rent
Madison
$827
North Manchester
$644
22% cheaper
Median Home Value
Madison
$186,600
North Manchester
$135,500
27% cheaper
Population
Madison
12,277
North Manchester
4,904

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madison
North Manchester $2.91
US $3.07
🥚
Eggs (grade A, large)
Madison
North Manchester $2.37
US $2.50
🥛
Milk (whole)
Madison
North Manchester $3.82
US $4.03
🍞
Bread (white)
Madison
North Manchester $1.75
US $1.85
🍗
Chicken breast
Madison
North Manchester $3.93
US $4.14
Electricity
Madison
North Manchester $0.16
US $0.19