Madison, MS vs Oxford, MS

There is a significant gap in the cost of living between these two cities. Oxford is 23.3% cheaper than Madison. With a cost index of 92 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oxford to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $1,798/month compared to $1,093/month in Oxford — a 65% difference. Home values follow the same pattern: Oxford is more affordable at $333,400 median vs $334,700.

Median household income in Madison is $120,918 compared to $59,901 in Oxford (+101.9%). 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 17.8% of their income on rent, less than the 21.9% in Oxford.

Climate-wise, Madison is notably warmer with an average of 66°F compared to 59.6°F in Oxford. Oxford receives more rainfall at 55.5" per year compared to 51.3" in Madison.