Madison, IN vs Sullivan, IN

Sullivan is moderately more affordable than Madison, with a 13.7% lower cost of living index. Madison scores 73 compared to 64 for Sullivan, where the US average is 100. This difference means residents of Madison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison is $827/month compared to $836/month in Sullivan — a 1% difference. Interestingly, home values tell a different story: while Madison has cheaper rent, Sullivan actually has lower median home values ($97,000 vs $186,600).

Median household income in Madison is $57,050 compared to $44,313 in Sullivan (+28.7%). While Madison 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 17.4% of their income on rent, less than the 22.6% in Sullivan.