Madison, WV vs Pea Ridge, WV

Madison, WV and Pea Ridge, WV have a very similar cost of living, with only a 3.6% difference in their overall index. Madison scores 72 while Pea Ridge scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Madison is $1,015/month compared to $953/month in Pea Ridge — a 7% difference. Interestingly, home values tell a different story: while Pea Ridge has cheaper rent, Madison actually has lower median home values ($127,200 vs $186,900).

Median household income in Madison is $57,073 compared to $67,708 in Pea Ridge (-15.7%). While Pea Ridge 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 21.3% of their income on rent, more than the 16.9% in Pea Ridge.

Climate-wise, both cities share similar average temperatures (56.2°F vs 56.5°F). Madison receives more rainfall at 46.2" per year compared to 45.1" in Pea Ridge.