Cost Of Living
Cost of Living
Not surprisingly, I am asked all the time about the Cost of Living in Madison, Wisconsin. It is a fair question and yet not a particularly easy one to answer. Our housing costs seem to be pretty stable compared to other areas of the country, our taxes may be a bit higher, but usually any area that has good schools has a similar tax structure.
I have learned that for the most part, when someone asks "what are your schools like here", they are really wanting to know, "are they any better than where we are from." Most likely our schools here in Wisconsin are. I have a large number of clients who were able to comfortably put their children into the public school system rather than in a private school, sometimes at the savings of tens of thousands of dollars per year.
Food costs in Madison are really quite good. Whenever I travel to other parts of the country I am amazed at how high food prices are compared to what we see here. Clothing costs are similar to pretty much everywhere.
Heating costs are going to be higher, unless you are moving from North Dakota or Minnesota, then you may see some savings.
Because of the large amount of stable employment here in Madison, our economy stays very strong. So overall, Madison is a very affordable place to live and raise a family.
