๐Ÿ“Š Cost of Living Comparison

Madison vs Salt Lake City

Side-by-side cost of living comparison for 2026

Madison

Wisconsin
106
Above Average
$340,000
Median Home
$1,400/mo
Median Rent
$67,565
Median Income

Salt Lake City

Utah
107
Above Average
$440,000
Median Home
$1,500/mo
Median Rent
$60,590
Median Income

๐Ÿ’ก The Verdict

Madison and Salt Lake City have very similar costs of living, with less than a 3% difference overall.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
115
Madison
120
Salt Lake Ci
Groceries
101
Madison
99
Salt Lake Ci
Utilities
97
Madison
88
Salt Lake Ci
Transportation
103
Madison
102
Salt Lake Ci
Healthcare
105
Madison
97
Salt Lake Ci

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$75,708
$75K in Madison โ†’ Salt Lake City
$74,299
$75K in Salt Lake City โ†’ Madison

See exact take-home pay: Wisconsin salaries ยท Utah salaries

Living in Madison vs Salt Lake City

Housing is typically the biggest factor in any cost-of-living comparison. Madison has a housing index of 115 while Salt Lake City sits at 120 (national average = 100). The median home in Madison costs $340,000 compared to $440,000 in Salt Lake City, a difference of $100,000. Monthly rent follows a similar pattern: $1,400 in Madison versus $1,500 in Salt Lake City.

Groceries and everyday expenses show a narrower gap: Madison scores 101 while Salt Lake City scores 99. Both cities are close to the national average for grocery costs.

Healthcare costs in Madison (105) are higher than Salt Lake City (97). Both are close to the national average.

Median household income in Madison is $67,565 compared to $60,590 in Salt Lake City. When adjusted for cost of living, purchasing power is similar in both cities.

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