Madison, IL vs Washington Park, IL: Cost of Living

Which city costs less?

Washington Park, IL has a modeled overall cost index 0.5% lower than Madison, IL.

Madison, IL · modeled 2BR rent
$1,080 / month
Washington Park, IL · modeled 2BR rent
$990 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Madison, IL and Washington Park, IL using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

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Numbers update automatically as you type

Estimated savings: $31.40/month in Washington Park, IL

$150,000 in your current city has a modeled equivalent of $149,623 in Washington Park, IL

Regional cost estimates: Madison, IL uses St. Louis, MO. Washington Park, IL uses St. Louis, MO. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 0.5%
Less expensive
Monthly Impact
$31.40
Savings
Annual Impact
$377
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Madison, IL

Population:3K
Cost Index:
78.3
100 = national average
Typical Home:$50K

Washington Park, IL

Population:2K
Cost Index:
77.9
100 = national average
Typical Home:$35K

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Madison, IL

The Prairie State

3K
Population
State Tax
Yes

Located in Illinois, this city has a population of 3K residents.

Washington Park, IL

The Prairie State

2K
Population
State Tax
Yes

Located in Illinois, this city has a population of 2K residents.

Cost Breakdown by Category

Estimated monthly spending: Madison, IL vs Washington Park, IL

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 0.5%
Madison, IL
$1,906
Washington Park, IL
$1,896
Difference
$9.50
less
Other
↓ 0.5%
Madison, IL
$1,819
Washington Park, IL
$1,810
Difference
$9.06
less
Transportation
↓ 0.5%
Madison, IL
$1,376
Washington Park, IL
$1,369
Difference
$6.85
less
Groceries
↓ 0.2%
Madison, IL
$1,132
Washington Park, IL
$1,129
Difference
$2.82
less
All Utilities
↓ 0.2%
Madison, IL
$639
Washington Park, IL
$637
Difference
$1.59
less
Healthcare
↓ 0.2%
Madison, IL
$628
Washington Park, IL
$627
Difference
$1.57
less

🏠Rent Comparison

Studio
From$850
To$760
↓ $90.00
1 Bed
From$880
To$800
↓ $80.00
2 Bed
From$1,080
To$990
↓ $90.00
3 Bed
From$1,390
To$1,270
↓ $120
Madison, ILZIP-level data

1BR range: $880–$880/mo

Washington Park, ILZIP-level data

1BR range: $800–$800/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Madison, IL
$7,469
Monthly in Washington Park, IL
$31.40
Difference

Home Values

Madison
Washington Park
$50K
Median Value
$35K
↑ +0.6%
YoY Change
↑ +3.5%
↑ +28.6%
5-Year Change
↓ -27.2%

Homes in Washington Park are 29% less expensive than Madison

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Madison, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Washington Park, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Additional Tax Information

Madison, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

Washington Park, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Madison
Washington Park
54 Moderate
Air Quality
54 Moderate
38%
Good Air Days
38%
99 High
Climate Risk
99 High
🌊🌡🫨
Top Hazards
🌊🌡🫨
▲+3.0°F
2050 Outlook
▲+3.0°F
39 days
Heat Days >95°F
39 days
▲+3.0°F
2050 Outlook
▲+3.0°F
39 days
Heat Days >95°F
39 days

Before moving from Madison, IL to Washington Park, IL

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Washington Park, IL for the same bedroom count and included utilities as your home in Madison, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Madison to Washington Park moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Washington Park, IL by cost, housing, population and region.

Frequently Asked Questions: Madison, IL vs Washington Park, IL

How do the cost estimates for Madison, IL and Washington Park, IL compare?

Washington Park, IL has a modeled overall cost index 0.5% lower than Madison, IL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Madison, IL, the model estimates $149,623 in Washington Park, IL. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Madison, IL and Washington Park, IL?

The modeled two-bedroom rents are $1,080/month in Madison, IL and $990/month in Washington Park, IL. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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