Madison, MO vs New Cambria, MO
New Cambria is moderately more affordable than Madison, with a 8.2% lower cost of living index. Madison scores 59 compared to 54 for New Cambria, 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 $644/month compared to $577/month in New Cambria — a 12% difference. Home values follow the same pattern: New Cambria is more affordable at $57,500 median vs $86,800.
Median household income in Madison is $44,375 compared to $52,778 in New Cambria (-15.9%). New Cambria 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 13.1% in New Cambria.
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