Cost of Living in Madison, WI (2026) – Salary Needed & Budget Calculator
Thinking about moving to Madison? Use this 2026 Madison cost of living calculator to estimate rent, groceries, utilities, transportation, healthcare and taxes.
Monthly Budget Breakdown
You have very little buffer for savings or emergencies. A frugal lifestyle may be required.
| Category | Monthly Cost |
|---|---|
| Rent (Single) | $1,550.00 |
| Utilities | $265.00 |
| Groceries | $450.00 |
| Transportation (Public) | $350.00 |
| Healthcare | $400.00 |
| Miscellaneous (10.0%) | $226.50 |
| Total Estimated Costs | $3,241.50 |
Tax & Benefits Breakdown
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2026 Madison, WI Cost of Living: Life on the Isthmus
Madison is the capital of Wisconsin and home to the UW-Madison. Built on an isthmus between Lake Mendota and Lake Monona, it is one of the most scenic and bike-friendly cities in America.
🏠 Housing
A 1-bedroom apartment in 2026 averages $1,550. The downtown isthmus area is highly sought after by students and professionals alike, leading to a tight rental market.
🏛️ Stability
The combination of state government and a major university provides a very stable economy. Madison has a high concentration of tech jobs, particularly in the healthcare IT sector (Epic Systems is nearby).
Salary Needed to Live Comfortably
In our estimation, to live a comfortable life in Madison with a buffer for savings and hobbies, you would need a gross annual salary of approximately:
This assumes you want to save at least $1,000 per month after all expenses and taxes.
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The results provided by this calculator are estimates based on publicly available data and modeling assumptions. Actual living costs, taxes, and relocation expenses may vary depending on personal circumstances, market conditions, and local regulations. This tool is intended for informational purposes only and should not be considered financial, tax, or legal advice. Always consult a qualified professional before making financial or relocation decisions.