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Cost of Living in Madison, NJ

Population: 16,464 | New Jersey

180
Cost of Living Index
US Average = 100

Madison is 80% more expensive than the national average.

170
Housing
290
Home Values
113
Regional Price

Income

Median Household Income
$168,469
vs US Median ($75,149)
+124%

Housing

Median Rent
$2,248/mo
Median Home Value
$882,900
Median Monthly Housing Cost
$2,704/mo

Everyday Prices in Madison

BLS Average Prices for the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) area

$3.32
Gasoline (regular)
per gallon
+8% vs US
🥚
$2.71
Eggs (grade A, large)
per dozen
+8% vs US
🥛
$4.36
Milk (whole)
per gallon
+8% vs US
🍞
$2.00
Bread (white)
per lb
+8% vs US
🍗
$4.49
Chicken breast
per lb
+8% vs US
$0.24
Electricity
per kWh
+29% vs US

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