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Cost of Living in Madison

Summary about cost of living in Madison:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 12.00 $ 10.00-12.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 $ 40.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $ 5.00-7.50
Domestic Beer (1 pint draught) 4.25 $ 3.50-5.00
Imported Beer (11.2 oz small bottle) 5.00 $ 4.50-6.00
Cappuccino (regular) 3.48 $ 2.50-4.50
Coke/Pepsi (11.2 oz small bottle) 1.76 $ 1.48-2.00
Water (11.2 oz small bottle) 1.53 $ 1.00-2.00
Markets [ Edit ]
Milk (regular), (1 gallon) 2.63 $ 2.19-3.59
Loaf of Fresh White Bread (1 lb) 1.99 $ 1.69-2.40
Rice (white), (1 lb) 1.74 $ 1.00-2.57
Eggs (12) 1.43 $ 1.00-2.45
Local Cheese (1 lb) 4.23 $ 3.57-6.99
Chicken Breasts (Boneless, Skinless), (1 lb) 4.29 $ 3.29-5.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.54 $ 4.69-6.49
Apples (1 lb) 1.12 $ 1.00-1.69
Banana (1 lb) 0.49 $ 0.43-0.52
Oranges (1 lb) 1.71 $ 1.00-3.50
Tomato (1 lb) 1.31 $ 0.99-2.00
Potato (1 lb) 0.73 $ 0.50-2.00
Onion (1 lb) 0.81 $ 0.49-1.25
Lettuce (1 head) 0.96 $ 0.89-1.49
Water (1.5 liter bottle) 1.60 $ 1.00-2.00
Bottle of Wine (Mid-Range) 10.00 $ 9.90-12.00
Domestic Beer (0.5 liter bottle) 1.86 $ 1.29-2.50
Imported Beer (11.2 oz small bottle) 1.83 $ 1.49-3.00
Pack of Cigarettes (Marlboro) 7.22 $ 7.20-7.29
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.00 $ 2.00-2.00
Monthly Pass (Regular Price) 58.00 $ 50.00-65.00
Taxi Start (Normal Tariff) 4.00 $ 3.50-5.00
Taxi 1 mile (Normal Tariff) 2.99 $ 2.80-4.00
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 25.00-36.00
Gasoline (1 gallon) 2.28 $ 2.10-2.50
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,850.00 $ 19,000.00-20,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 18,899.22 $ 18,500.00-19,193.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 117.42 $ 85.00-182.99
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.12 $ 0.10-0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 56.65 $ 40.00-75.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 41.50 $ 25.00-60.00
Tennis Court Rent (1 Hour on Weekend) 13.50 $ 12.00-20.00
Cinema, International Release, 1 Seat 10.00 $ 9.00-15.00
Childcare [ Edit ]
Preschool (or Kindergarten), Private, Monthly for 1 Child 948.33 $ 650.00-1,300.00
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) 45.27 $ 35.00-55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.91 $ 25.00-40.00
1 Pair of Nike Running Shoes (Mid-Range) 75.47 $ 60.00-100.00
1 Pair of Men Leather Business Shoes 91.00 $ 80.00-120.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,093.89 $ 850.00-1,300.00
Apartment (1 bedroom) Outside of Centre 784.38 $ 700.00-900.00
Apartment (3 bedrooms) in City Centre 2,042.86 $ 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,311.54 $ 1,200.00-1,750.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 204.90 $ 180.00-220.00
Price per Square Feet to Buy Apartment Outside of Centre 129.23 $ 120.00-138.56
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,945.07 $
Mortgage Interest Rate in Percentages (%), Yearly 3.44 3.00-4.00

Prices in Madison, Wisconsin

These data are based on 1051 entries in the past 18 months from 100 different contributors.
Last update: June 2017
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7 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!
#Ken A on Nov 07, 2014 :
alpay on Jul 03. 2014 - Want to buy my house? I want to move to Kyiv Ukraine in 2015. I am thinking about $185,000 for 1,100 sq feet with new driveway, 2 new toilets with new shutoff valves, 3 new sinks with new faucets, new dishwasher, smoothtop stove and fan, new countertop, new living room and hallway quality carpet and pad, big fenced yard newly galvanized this year, garden, nice landscaping in front. Could buy good furniture and accessories also.
#AH on Sep 24, 2014 :
I would disagree with Sarah, I was paying $725 for not that nice of a one bedroom last year. Rent by the capital is expensive, especially for one bedrooms. However, it is not too difficult to find something <$600 for two bedrooms.
#alpay on Jul 03, 2014 :
Hello everybody,
I am planning to immigrate to Madison. Totally how much it will cost me monthly to have a normal life. We are three men me, my wife and our daughter (5 years old).
Thank you for your information in advance.
#Sarah on Sep 04, 2013 :
$800 would get you a 2 bdrm in Madison. If you got a 1 bdrm for $800 here, it would be a REALLY NICE one.