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Cost of Living in Madison

Summary about cost of living in Madison:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 12.00 $ 11.00-17.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 $ 40.00-57.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 $ 6.50-7.90
Domestic Beer (1 pint draught) 4.00 $ 3.00-7.00
Imported Beer (12 oz small bottle) 5.00 $ 4.50-5.50
Cappuccino (regular) 3.76 $ 3.39-4.00
Coke/Pepsi (12 oz small bottle) 1.81 $ 1.50-2.25
Water (12 oz small bottle) 1.59 $ 1.00-2.00
Markets [ Edit ]
Milk (regular), (1 gallon) 2.65 $ 2.19-4.00
Loaf of Fresh White Bread (1 lb) 2.16 $ 1.99-2.50
Rice (white), (1 lb) 1.82 $ 1.29-2.19
Eggs (regular) (12) 1.27 $ 0.99-2.00
Local Cheese (1 lb) 4.42 $ 3.60-5.99
Chicken Breasts (Boneless, Skinless), (1 lb) 4.40 $ 3.29-5.29
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.47 $ 2.00-5.69
Apples (1 lb) 1.12 $ 1.00-2.00
Banana (1 lb) 0.47 $ 0.44-0.60
Oranges (1 lb) 1.62 $ 1.19-2.00
Tomato (1 lb) 1.11 $ 1.00-1.69
Potato (1 lb) 1.05 $ 0.49-2.00
Onion (1 lb) 1.45 $ 0.35-2.00
Lettuce (1 head) 0.94 $ 0.89-1.58
Water (1.5 liter bottle) 1.60 $ 1.00-3.00
Bottle of Wine (Mid-Range) 10.00 $ 9.00-10.00
Domestic Beer (0.5 liter bottle) 1.31 $ 0.89-1.79
Imported Beer (12 oz small bottle) 1.65 $ 1.00-3.00
Cigarettes 20 Pack (Marlboro) 7.35 $ 7.22-7.78
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.00 $ 2.00-2.00
Monthly Pass (Regular Price) 65.00 $ 58.00-65.00
Taxi Start (Normal Tariff) 4.99 $ 4.00-5.00
Taxi 1 mile (Normal Tariff) 3.00 $ 2.99-3.00
Taxi 1hour Waiting (Normal Tariff) 17.50 $ 10.00-25.00
Gasoline (1 gallon) 2.59 $ 2.37-2.89
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 $ 19,600.00-20,500.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 19,696.27 $ 18,900.00-20,200.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 111.88 $ 77.05-134.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $ 0.10-0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 53.70 $ 40.00-65.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 42.81 $ 20.00-60.00
Tennis Court Rent (1 Hour on Weekend) 14.25 $ 12.00-15.00
Cinema, International Release, 1 Seat 11.50 $ 10.00-12.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,074.17 $ 650.00-1,500.00
International Primary School, Yearly for 1 Child 18,000.00 $ 10,000.00-18,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 45.78 $ 35.00-55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.31 $ 25.00-48.00
1 Pair of Nike Running Shoes (Mid-Range) 86.11 $ 70.00-110.00
1 Pair of Men Leather Business Shoes 99.50 $ 75.00-120.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,163.28 $ 850.00-1,400.00
Apartment (1 bedroom) Outside of Centre 893.75 $ 750.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,890.59 $ 1,740.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 1,480.50 $ 1,200.00-1,750.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 232.59 $ 213.94-250.00
Price per Square Feet to Buy Apartment Outside of Centre 142.38 $ 120.00-165.93
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,045.05 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.68 3.20-4.54

Prices in Madison, Wisconsin

These data are based on 992 entries in the past 18 months from 89 different contributors.
Last update: December 2018
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3 Comments so far

#Anonymous on Jan 05, 2017 :
The average income salary is NOT almost 3 grand, it's more like 2, and less than that for SSA COLA and VA C&P for single Disabled Veterans with no dependents. WI disability and unemployment pays even less pending conditions of injury/disability/reason for unemployment with the State services offices. Rental fees increase this (and every) year here, making rent for a 1 bedroom (900+ sq. feet at that price? yeah right i'm in a 648 sq. ft. 1bed for $755 and that's the cheapest management agency i could find qualified for) outside of downtown closer to $820-$950...

Without equivalent percentage increases to needed amenities, employment outside of tertiary or seasonal, and earned benefits you will see about a 5% increase of people leaving the area due to costs and lack of qualified job opportunities, homelessness and foreclosure on the disabled, Veterans and low to low middle-income families (like teachers and municipal workers) in major WI metro areas. This does NOT factor the increasing percentages of the open housing market and it's stagnation on new development that ISN'T rental buildings or businesses.
#Crystal Myers on Sep 04, 2016 :
The dollar signs in the columns is placed in the wrong spot. For example,

correct $4.00, $204.90 incorrect 4.00$, 204.90$
#Anonymous on Nov 10, 2015 :
Another great place to find out how much it will cost you in utilities every month is http://monthlyutilities.com/. You can find local utility companies and contact them to find out the average costs every month for a particular property for gas, electric, water, and other expenses. Hope that helps!