Madison, IN vs North Terre Haute, IN

There is a significant gap in the cost of living between these two cities. North Terre Haute is 17.2% 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 Terre Haute to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $827/month compared to $666/month in North Terre Haute — a 24% difference. Home values follow the same pattern: North Terre Haute is more affordable at $136,300 median vs $186,600.

Median household income in Madison is $57,050 compared to $54,246 in North Terre Haute (+5.2%). Madison does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Madison spend roughly 17.4% of their income on rent, more than the 14.7% in North Terre Haute.