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Madison, SD vs Volga, SD

74
Madison
South Dakota
VS
-9.4%
81
Volga
South Dakota

Madison is moderately more affordable than Volga, with a 9.4% lower cost of living index. Madison scores 74 compared to 81 for Volga, where the US average is 100. This difference means residents of Volga 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 $1,048/month in Volga — a 17% difference. Home values follow the same pattern: Madison is more affordable at $191,400 median vs $220,200.

Median household income in Madison is $62,180 compared to $75,417 in Volga (-17.6%). While Volga 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 16.9% of their income on rent, more than the 16.7% in Volga.

Income & Cost

Cost of Living Index
Madison
74
9% cheaper
Volga
81
Median Household Income
Madison
$62,180
Volga
$75,417
18% higher

Housing

Median Rent
Madison
$874
17% cheaper
Volga
$1,048
Median Home Value
Madison
$191,400
13% cheaper
Volga
$220,200
Population
Madison
6,158
Volga
2,246

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madison $2.99
Volga
US $3.07
🥚
Eggs (grade A, large)
Madison $2.44
Volga
US $2.50
🥛
Milk (whole)
Madison $3.92
Volga
US $4.03
🍞
Bread (white)
Madison $1.80
Volga
US $1.85
🍗
Chicken breast
Madison $4.03
Volga
US $4.14
Electricity
Madison $0.16
Volga
US $0.19