Madison, NC vs Red Cross, NC

Madison is moderately more affordable than Red Cross, with a 8.7% lower cost of living index. Madison scores 67 compared to 73 for Red Cross, where the US average is 100. This difference means residents of Red Cross can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison is $730/month compared to $691/month in Red Cross — a 6% difference. Interestingly, home values tell a different story: while Red Cross has cheaper rent, Madison actually has lower median home values ($144,900 vs $217,200).

Median household income in Madison is $49,964 compared to $58,375 in Red Cross (-14.4%). While Red Cross 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 17.5% of their income on rent, more than the 14.2% in Red Cross.