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Cost of Living Comparison 2026

๐Ÿ“ Madison, MS โ€” ZIP-level rent data ยท COL adjusted from Baton Rouge, LA area

$

Numbers update automatically as you type

You'd spend $1.5K/month more in Austin, TX

$150.0K in your current city equals $167.7K in Austin, TX

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 19.7%
More expensive
Monthly Impact
$1,474
Extra cost
Annual Impact
$17.7K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Madison, MS

Population:28K
Cost Index:100
Median Home:$404K

Austin, TX

Population:979K
Cost Index:120
Median Home:$558K

Madison, MS

The Magnolia State

28K
Population
State Tax
Yes

Located in Mississippi, this city has a population of 28K residents.

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขLive music capital
  • โ€ขMajor tech hub
  • โ€ขSXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Madison, MS vs Austin, TX

๐Ÿ Housing
โ†‘ 59.0%
Madison, MS
$1,814
Austin, TX
$2,885
Difference
$1,070
more
๐ŸฅHealthcare
โ†‘ 28.5%
Madison, MS
$458
Austin, TX
$589
Difference
$131
more
๐Ÿš—Transportation
โ†‘ 9.2%
Madison, MS
$1,176
Austin, TX
$1,284
Difference
$108
more
๐Ÿ“ฆOther
โ†‘ 4.7%
Madison, MS
$1,663
Austin, TX
$1,741
Difference
$78.29
more
โšกAll Utilities
โ†‘ 14.4%
Madison, MS
$473
Austin, TX
$541
Difference
$67.97
more
๐Ÿ›’Groceries
โ†‘ 1.8%
Madison, MS
$943
Austin, TX
$959
Difference
$16.57
more

๐Ÿ Rent Comparison

Studio
From$1,311
To$1,585
โ†‘ $274
1 Bed
From$1,319
To$1,685
โ†‘ $366
2 Bed
From$1,552
To$1,995
โ†‘ $443
3 Bed
From$1,857
To$2,525
โ†‘ $668
Madison, MSZIP-level data

1BR range: $1,640โ€“$1,640/mo

Austin, TXZIP-level data

1BR range: $1,490โ€“$2,350/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,526
Monthly in Madison, MS
$7,998
Monthly in Austin, TX
$1,472
Difference

Home Values

Madison
Austin
$404K
Median Value
$558K
โ†‘ +2.9%
YoY Change
โ†“ -5%
โ†‘ +31.1%
5-Year Change
โ†‘ +12.6%
$404K
Price Range
$272K - $1.26M

Homes in Austin are 38% more expensive than Madison

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $7.3K
Per year
Monthly Difference
$613
More take-home
Effective Rate Diff
4.9%
Rate difference

Madison, MS

Federal Income Tax
Effective: 18.9%
$25.5K
Mississippi State Tax
Effective: 4.9%
$7.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,803/month
$105.6K

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Madison, MS Tax Rates

Sales Tax:7.1%
Property Tax:0.6%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก 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
Austin
51 Moderate
Air Quality
52 Moderate
48.9%
Good Air Days
42.6%
98 High
Climate Risk
98 High
๐ŸŒŠ๐ŸŒ€๐ŸŒก
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.2ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
51 days
Heat Days >95ยฐF
98 days
โ–ฒ+2.2ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
51 days
Heat Days >95ยฐF
98 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Mississippi and Texas on TaxTakeHome.com

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