CostIndexUSA

Lancaster, PA vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

PA
Lancaster
98.3
overall index
$1,500/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is slightly cheaper than Lancaster — 1.0% lower overall cost of living.

To match an $80,000 salary in Lancaster, you would need $79,200 in Madison. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+6.3%
Lancaster
93.8
Madison
99.7
🛒 Groceries6.9%
Lancaster
100.7
Madison
93.8
🚗 Transportation+1.8%
Lancaster
102.6
Madison
104.4
🏥 Healthcare+1.7%
Lancaster
92.8
Madison
94.4
Utilities16.3%
Lancaster
107.3
Madison
89.8

Salary Equivalency Calculator

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

$
Equivalent salary in Madison, WI
$79,200
$800 less needed in Madison

Formula: salary × (97.3 ÷ 98.3) = salary × 0.9898. Based on BEA Regional Price Parities.

Housing Market

Lancaster, PA

Median Home Price
$372,000
Median Monthly Rent
$1,500
Housing Index
93.8
Price-to-Rent Ratio
20.7×

Madison, WI

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

Madison has 6.3% higher housing costs compared to Lancaster.

Income & Job Market

Lancaster, PA

Median Household Income
$80,100
Per Capita Income
$45,700
Unemployment Rate
3.2%
Population
59,322
Top Industries
HealthcareManufacturingRetailTourismAgriculture

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).

Lancaster, PA
4.5×income-to-rent ratio

78% 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.