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

Madison

Wisconsin
103
VS

Miramar

Florida
135

Madison is 24% cheaper than Miramar.

$1,364/mo ↓ 30%
Median Rent
$1,954/mo ↑ 43%
$76,983/yr ↓ 11%
Median Income
$86,109/yr ↑ 12%
$346,900 ↓ 17%
Home Value
$420,300 ↑ 21%
$1,476/mo ↓ 21%
Owner Costs
$1,863/mo ↑ 26%
275,568
Population
135,986

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
27.2%
rent-to-income

Detailed Comparison

When comparing Madison, WI and Miramar, FL, the overall cost of living indices are 103 and 135 respectively (national median = 100). Rent is $590/month cheaper in Madison, saving renters about $7,080/year.

Median household income is $9,126/year higher in Miramar. Home values also differ significantly — the median in Madison is $346,900 compared to $420,300 in Miramar.

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

Frequently Asked Questions

Madison vs Miramar — common questions

Is Madison or Miramar cheaper to live in?
Based on our cost index, Madison is cheaper to live in with an index of 103 compared to 135 (US average = 100).
What is the rent difference between Madison and Miramar?
Median rent in Madison is $1,364/month and in Miramar it's $1,954/month — a difference of $590/month.
Which city has higher income, Madison or Miramar?
Median household income is $76,983 in Madison and $86,109 in Miramar. Median household income is $9,126/year higher in Miramar.
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 Miramar?
It depends on your priorities. Madison has a cost index of 103 with median rent of $1,364/mo, while Miramar has a cost index of 135 with rent of $1,954/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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