CostIndexUSA

Hartford, CT vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Hartford
102.7
overall index
$1,875/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is moderately cheaper than Hartford — 5.3% lower overall cost of living.

To match an $80,000 salary in Hartford, you would need $75,800 in Madison. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing9.5%
Hartford
110.2
Madison
99.7
🛒 Groceries3.6%
Hartford
97.3
Madison
93.8
🚗 Transportation3.2%
Hartford
107.8
Madison
104.4
🏥 Healthcare3.2%
Hartford
97.5
Madison
94.4
Utilities38.0%
Hartford
144.9
Madison
89.8

Salary Equivalency Calculator

Enter your current salary in Hartford to see what you'd need to earn in Madison to maintain the same purchasing power.

$
Equivalent salary in Madison, WI
$75,800
$4,200 less needed in Madison

Formula: salary × (97.3 ÷ 102.7) = salary × 0.9474. Based on BEA Regional Price Parities.

Housing Market

Hartford, CT

Median Home Price
$377,000
Median Monthly Rent
$1,875
Housing Index
110.2
Price-to-Rent Ratio
16.8×

Madison, WI

Median Home Price
$429,000
Median Monthly Rent
$1,625
Housing Index
99.7
Price-to-Rent Ratio
22.0×

Hartford has 9.5% lower housing costs compared to Madison.

Income & Job Market

Hartford, CT

Median Household Income
$92,200
Per Capita Income
$52,600
Unemployment Rate
4.3%
Population
121,054
Top Industries
FinanceInsuranceHealthcareGovernmentEducation

Madison, WI

Median Household Income
$82,100
Per Capita Income
$46,800
Unemployment Rate
2.2%
Population
269,186
Top Industries
EducationHealthcareGovernmentTechnologyFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Hartford, CT
4.1×income-to-rent ratio

76% of income left after rent (median)

Madison, WI
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.