Residential comparison · 13 facts
Florence, AL vs Madison, AL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Florence needs about $95,500 in Madison to keep the same lifestyle.
Coming from Madison, $85,000 of lifestyle costs about $74,500 in Florence.
A few differences
- Madison is higher on median household income ($134,655 vs $52,174).
- Florence is lower on cost of living index (77 vs 95).
- Florence is lower on 2-bedroom rent ($877/mo vs $1,329/mo).
Florence vs Madison · facet by facet
| Facet | Florence, AL | Madison, AL |
|---|---|---|
| Median home price | $196,300 | $398,800 |
| 2-bedroom rent | $877/mo | $1,329/mo |
| Property tax rate | 0.4% | 0.4% |
| State & local income tax | 4.41% | 4.41% |
| Sales tax | 9.3% | 9.3% |
| Cost of living index | 77 | 95 |
| Groceries index | 97 | 97 |
| Utilities | $190/mo | $190/mo |
| Median household income | $52,174 | $134,655 |
| Unemployment rate | 2.9% | 2.9% |
| Crime index | 55/100 | 55/100 |
| School rating | 4.3/10 | 4.3/10 |
| Sunny days / year | 215 days | 215 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Florence, AL · Madison, AL
Questions & answers
- Is Florence cheaper than Madison?
- Florence has the lower day-to-day cost index (77 vs 95 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Madison equals $85,000 in Florence?
- A household earning $85,000 in Florence needs about $95,500 in Madison to keep the same lifestyle; coming the other way, $85,000 of Madison lifestyle costs about $74,500 in Florence.