Cost of Living: Philadelphia, PA vs Madison, WI (2026)

Philadelphia

Pennsylvania
85
VS

Madison

Wisconsin
103

Philadelphia is 17% cheaper than Madison.

$1,323/mo ↓ 3%
Median Rent
$1,364/mo ↑ 3%
$60,698/yr ↓ 21%
Median Income
$76,983/yr ↑ 27%
$232,400 ↓ 33%
Home Value
$346,900 ↑ 49%
$1,233/mo ↓ 16%
Owner Costs
$1,476/mo ↑ 20%
1,582,432
Population
275,568

Tax Comparison

3.07%
Income Tax
7.65%
6.0%
State Sales Tax
5.0%
1.49%
Property Tax
1.61%

Affordability

26.2%
rent-to-income
Affordability
21.3%
rent-to-income

Detailed Comparison

When comparing Philadelphia, PA and Madison, WI, the overall cost of living indices are 85 and 103 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $16,285/year higher in Madison. Home values also differ significantly — the median in Philadelphia is $232,400 compared to $346,900 in Madison.

Pennsylvania has a lower income tax rate, making Philadelphia slightly more tax-friendly.

Frequently Asked Questions

Philadelphia vs Madison — common questions

Is Philadelphia or Madison cheaper to live in?
Based on our cost index, Philadelphia is cheaper to live in with an index of 85 compared to 103 (US average = 100).
What is the rent difference between Philadelphia and Madison?
Median rent in Philadelphia is $1,323/month and in Madison it's $1,364/month — a difference of $41/month.
Which city has higher income, Philadelphia or Madison?
Median household income is $60,698 in Philadelphia and $76,983 in Madison. Median household income is $16,285/year higher in Madison.
How do taxes compare between Pennsylvania and Wisconsin?
Pennsylvania has 3.07% income tax, 6.0% sales tax, and 1.49% property tax. Wisconsin has 7.65% income tax, 5.0% sales tax, and 1.61% property tax.
Should I move to Philadelphia or Madison?
It depends on your priorities. Philadelphia has a cost index of 85 with median rent of $1,323/mo, while Madison has a cost index of 103 with rent of $1,364/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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