Salem vs Madison — side-by-side
Cost of living: Salem vs Madison (2026)
A $62,500 salary in Salem buys roughly what $62,500 does in Madison (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices — we break them down and personalize below.
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
+$1,213/yr
Favoring Salem for this income & household (illustrative).
With an extra $101/mo in Salem, you could max a Roth IRA contribution faster and still grow your savings buffer.
Studio rent/mo
1BR rent/mo
2BR rent/mo
Median home price
Groceries index (100 = US avg)
Budget meal (1 person)
Mid-range dinner (2)
Monthly transit pass/mo
Gas price/gal
Car insurance/mo
Monthly utilities bundle/mo
Internet/mo
Median household income/yr
State income tax%
Sales tax (combined)%
Movie ticket
Gym membership/mo
Beer at restaurant
Overall COL index (100 = US avg)
Walk score / 100
| Category | Salem Oregon | Madison Wisconsin | Who wins | Your impact at $63K · 1br · 1 car |
|---|---|---|---|---|
| 🏠 HousingQ1 2026 | ||||
| Studio rent/mo | $1,150Better | $1,300 | Salem wins +$150/mo | $1,800/yr saves in Salem |
| 1BR rent/mo | $1,450Wins | $1,650 | Salem wins +$200/mo | $2,400/yr saves in Salem |
| 2BR rent/mo | $1,950Better | $2,200 | Salem wins +$250/mo | $3,000/yr saves in Salem |
| Median home price | $380K | $360KBetter | Madison wins −$20K | — |
| 🛒 Food & GroceriesQ1 2026 | ||||
| Groceries index (100 = US avg) | 100Better | 101 | Salem wins +1 | — |
| Budget meal (1 person) | $14Better | $14 | — | — |
| Mid-range dinner (2) | $56Better | $58 | Salem wins +$2/mo | — |
| 🚌 TransportationQ1 2026 | ||||
| Monthly transit pass/mo | $72 | $62Wins | Madison wins −$10/mo | — |
| Gas price/gal | $3.80 | $3.20Wins | Madison wins −$0.60 | — |
| Car insurance/mo | $145Better | $145 | — | — |
| ⚡ UtilitiesQ1 2026 | ||||
| Monthly utilities bundle/mo | $125Wins | $162 | Salem wins +$37/mo | $444/yr saves in Salem |
| Internet/mo | $63Better | $63 | — | — |
| 💰 Income & TaxesQ1 2026 | ||||
| Median household income/yr | $57K | $68KWins | Madison wins +$11K more/yr | — |
| State income tax% | 9.9% | 7.7%Wins | Madison wins -2.2 pp | $1,375/yr saves in Madison |
| Sales tax (combined)% | 0.0%Wins | 5.4% | Salem wins +5.4 pp | — |
| 🎬 LeisureQ1 2026 | ||||
| Movie ticket | $14.00Better | $15.00 | Salem wins +$1.00 | — |
| Gym membership/mo | $40Better | $42 | Salem wins +$2/mo | — |
| Beer at restaurant | $6.00Better | $6.50 | Salem wins +$0.50 | — |
| 📊 OverviewQ1 2026 | ||||
| Overall COL index (100 = US avg) | 97Better | 97 | — | — |
| Walk score / 100 | 42 | 55Wins | Madison wins +13 more/yr | — |
Complete the Picture
While you’re comparing — don’t leave money on the table.
Tax-smart rewards
Turn ~$1,368/yr tax difference into cash back
Salem fits your move math — cash-back cards stack on groceries, gas, and dining you're already doing.
Home + auto bundle
New state — new insurance rates
Bundling often saves hundreds/yr. Compare before you sign a lease in Salem.
High-yield savings
Park ~$2,400/yr rent savings at 4–5%+ APY
Don't let relocation cash sit at 0% — put it to work until closing day.
More ways to compare this move
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Open the full interactive tool to add up to 5 cities, drop in your salary, and see rent burden.
Open full interactive toolComplete the Picture
While you’re comparing — don’t leave money on the table.
If cash is tight
Knock down high-interest debt first
A move has upfront costs — a balance transfer or personal loan can lower APR while you settle in.
If you're saving big
Invest the surplus on autopilot
Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.
Frequently asked questions
What is the average rent in Salem vs Madison?
As of Q1 2026, the median 1-bedroom rent in Salem is $1,450/month and in Madison is $1,650/month. Salem is cheaper by 12%.
How much do I need to earn in Madison to match a $75,000 salary in Salem?
To maintain a similar lifestyle, you would need approximately $75,000/year in Madison to match a $75,000 salary in Salem. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Salem or Madison?
Madison has the lower state income tax rate at 7.7% vs 9.9%. The difference is 2.2 percentage points. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Salem to Madison?
It depends on your priorities. Both cities have similar overall costs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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