Madera, CA Cost Of Living
Cost Of Living In Madera, CA Summary
Cost of living in Madera research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Madera is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Madera is 98, with 100 being the average.
The cost of living index in Madera is 1.0x lower than the national average.
Madera ranks as the #21 cheapest in California out of 635.
Madera ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Madera is $255,500.
The median income in Madera is $53,777.
Table Of Contents
Madera's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Madera, CA?
According to the most recent data on the cost of living, Madera has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to California, Madera has a cost of living index that's 0.7x lower than California's index of 139.
The standard of living in Madera ranks as #21 most affordable out of the 635 places we measured in California. By definition, that implies Madera ranks as the #614 most expensive place in the Golden State.
For more reading on life in Madera, check out:
- Living In Madera
- Madera Crime Report
- Search Homes For Sale In Madera, CA
In California
In America
Madera Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Madera. Here is how it fairs on each of the criteria:
The Services index in Madera is 88.
The Groceries index in Madera is 106.
The Health index in Madera is 113.
The Housing index in Madera is 93.
The Transportation index in Madera is 113.
The Utilities index in Madera is 129.
| Living Expense | Madera | California | National Average | |
|---|---|---|---|---|
| Overall | 98 | 139 | 100 | |
| Services | 88 | 110 | 100 | |
| Groceries | 106 | 112 | 100 | |
| Health | 113 | 109 | 100 | |
| Housing | 93 | 204 | 100 | |
| Transportation | 113 | 126 | 100 | |
| Utilities | 129 | 124 | 100 | |
Madera, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Madera is $255,500.
The Median Rent in Madera is $1,120.
The Median Income in Madera is $53,777.
The Home Value To Income in Madera is 4.8x.
The Rent To Monthly Income in Madera is 0.25x.
| Statistic | Madera | California | United States |
|---|---|---|---|
| Median Home Value | $255,500 | $573,200 | $244,900 |
| Median Rent | $1,120 | $1,698 | $1,163 |
| Median Income | $53,777 | $84,097 | $69,021 |
| Home Value To Income | 4.8x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Madera, CA Costs By Category
Detailed Madera Services Costs Vs. California
| Item | Madera | California |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $15.05 | $10.68 |
| Bowling | $18.25 | $14.67 |
| Haircut | $27.5 | $18.62 |
| Beauty Salon | $50.52 | $39.05 |
Detailed Madera Groceries Costs Vs. California
| Item | Madera | California |
|---|---|---|
| Ground Beef | $4.36 | $4.22 |
| Fried Chicken | $2.03 | $1.39 |
| Milk | $2.27 | $2.05 |
| Potatoes | $3.2 | $3.29 |
| Pizza | $10.74 | $10.62 |
| Beer | $8.99 | $9.38 |
| Toothpaste | $2.52 | $2.34 |
Detailed Madera Health Costs Vs. California
| Item | Madera | California |
|---|---|---|
| Optometrist | $127.0 | $108.57 |
| Doctor | $148.0 | $116.17 |
| Dentist | $99.6 | $99.13 |
Detailed Madera Transportation Costs Vs. California
| Item | Madera | California |
|---|---|---|
| Gasoline | $3.24 | $2.22 |
| Tire Balancing | $45.0 | $50.07 |
Detailed Madera Utilities Costs Vs. California
| Item | Madera | California |
|---|---|---|
| All Electricity | $260.15 | $167.67 |
| Phone | $173.87 | $175.64 |
Madera SnackAbility
/10
Cost Of Living In Cities Around Madera
The cost of living varies in the cities and towns around Madera. Here's a quick look at the cost of living in the most populous nearby places:
Chowchilla, CA has a cost of living index of 99, 1.0x Madera.
Kerman, CA has a cost of living index of 102, 1.0x Madera.
Madera Acres, CA has a cost of living index of 104, 1.1x Madera.
| City | Population | Cost Of Living | Vs. Madera |
|---|---|---|---|
| Chowchilla, CA | 18,826 | 99 | 1.0x |
| Kerman, CA | 15,817 | 102 | 1.0x |
| Madera Acres, CA | 10,106 | 104 | 1.1x |
| Old Fig Garden, CA | 5,683 | 112 | 1.1x |
