Madison, ME vs Washburn, ME
There is a significant gap in the cost of living between these two cities. Washburn is 21.5% cheaper than Madison. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Washburn to Madison should plan for substantially higher expenses across most categories.
On the housing front, median rent in Madison is $880/month compared to $433/month in Washburn — a 103% difference. Interestingly, home values tell a different story: while Washburn has cheaper rent, Madison actually has lower median home values ($70,800 vs $89,600).
Median household income in Madison is $43,095 compared to $39,688 in Washburn (+8.6%). 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 24.5% of their income on rent, more than the 13.1% in Washburn.
Climate-wise, Madison is notably warmer with an average of 46.1°F compared to 40.7°F in Washburn. Madison receives more rainfall at 41.8" per year compared to 40.7" in Washburn.
Income & Cost
Housing
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Climate
NOAA 30-year normals (1991-2020)