Madison, NY vs Ruby, NY

Madison is moderately more affordable than Ruby, with a 12.1% lower cost of living index. Madison scores 81 compared to 92 for Ruby, where the US average is 100. This difference means residents of Ruby can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison is $1,275/month compared to $1,125/month in Ruby — a 13% difference. Interestingly, home values tell a different story: while Ruby has cheaper rent, Madison actually has lower median home values ($105,800 vs $280,600).

Median household income in Madison is $43,750 compared to $101,588 in Ruby (-56.9%). While Ruby 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 35% of their income on rent, more than the 13.3% in Ruby. The Ruby ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (46.7°F vs 48.6°F). Ruby receives more rainfall at 45.8" per year compared to 44" in Madison.