Madison is 29% more expensive than Columbia.
When comparing Madison, WI and Columbia, MO, the overall cost of living indices are 103 and 80 respectively (national median = 100). Rent is $297/month cheaper in Columbia, saving renters about $3,564/year.
Median household income is $12,495/year higher in Madison. Home values also differ significantly — the median in Madison is $346,900 compared to $268,300 in Columbia.
Missouri has a lower income tax rate, making Columbia slightly more tax-friendly.
Madison vs Columbia — common questions
Other cost of living comparisons for Madison and Columbia