Madison, SD vs Springfield, SD

Springfield is moderately more affordable than Madison, with a 11.3% lower cost of living index. Madison scores 74 compared to 66 for Springfield, 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 $874/month compared to $802/month in Springfield — a 9% difference. Home values follow the same pattern: Springfield is more affordable at $126,800 median vs $191,400.

Median household income in Madison is $62,180 compared to $59,063 in Springfield (+5.3%). 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 16.9% of their income on rent, more than the 16.3% in Springfield.