Cost of Living: Madison, WI vs Hialeah, FL (2026)

Madison

Wisconsin
103
VS

Hialeah

Florida
109

Madison is 6% cheaper than Hialeah.

$1,364/mo ↓ 12%
Median Rent
$1,558/mo ↑ 14%
$76,983/yr ↑ 45%
Median Income
$53,079/yr ↓ 31%
$346,900 ↓ 3%
Home Value
$359,200 ↑ 4%
$1,476/mo ↑ 2%
Owner Costs
$1,448/mo ↓ 2%
275,568
Population
221,901

Tax Comparison

7.65%
Income Tax
0%
5.0%
State Sales Tax
6.0%
1.61%
Property Tax
0.86%

Affordability

21.3%
rent-to-income
Affordability
35.2%
rent-to-income

Detailed Comparison

When comparing Madison, WI and Hialeah, FL, the overall cost of living indices are 103 and 109 respectively (national median = 100). Rent is $194/month cheaper in Madison, saving renters about $2,328/year.

Median household income is $23,904/year higher in Madison. Home values also differ significantly — the median in Madison is $346,900 compared to $359,200 in Hialeah.

Florida has no state income tax, giving Hialeah residents a significant tax advantage over Wisconsin's 7.65% rate.

Frequently Asked Questions

Madison vs Hialeah — common questions

Is Madison or Hialeah cheaper to live in?
Based on our cost index, Madison is cheaper to live in with an index of 103 compared to 109 (US average = 100).
What is the rent difference between Madison and Hialeah?
Median rent in Madison is $1,364/month and in Hialeah it's $1,558/month — a difference of $194/month.
Which city has higher income, Madison or Hialeah?
Median household income is $76,983 in Madison and $53,079 in Hialeah. Median household income is $23,904/year higher in Madison.
How do taxes compare between Wisconsin and Florida?
Wisconsin has 7.65% income tax, 5.0% sales tax, and 1.61% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Madison or Hialeah?
It depends on your priorities. Madison has a cost index of 103 with median rent of $1,364/mo, while Hialeah has a cost index of 109 with rent of $1,558/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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