MN
MoveNumbers
MoveNumbers
Tap to swap

Cost of Living Comparison 2026

📍 Madison, MS — ZIP-level rent data · COL adjusted from Baton Rouge, LA area

$

Numbers update automatically as you type

You'd spend $951/month more in Charlotte, NC

$150.0K in your current city equals $161.4K in Charlotte, NC

Rent data from HUD ZIP-level estimates · COL index from area
Overall Cost
↑ 12.7%
More expensive
Monthly Impact
$951
Extra cost
Annual Impact
$11.4K
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

Charlotte, NC

Population:875K
Cost Index:113
Median Home:$399K

Madison, MS

The Magnolia State

28K
Population
State Tax
Yes

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

Charlotte, NC

The Tar Heel State

875K
Population
State Tax
Yes
Climate
Humid subtropical

Notable Facts

  • •Major banking center
  • •NASCAR headquarters
  • •Queen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Madison, MS vs Charlotte, NC

🏠Housing
↑ 36.1%
Madison, MS
$1,814
Charlotte, NC
$2,469
Difference
$655
more
🏥Healthcare
↑ 39.3%
Madison, MS
$458
Charlotte, NC
$638
Difference
$180
more
🛒Groceries
↑ 4.9%
Madison, MS
$943
Charlotte, NC
$989
Difference
$46.55
more
⚡All Utilities
↑ 9.7%
Madison, MS
$473
Charlotte, NC
$519
Difference
$46.11
more
📦Other
↑ 2.7%
Madison, MS
$1,663
Charlotte, NC
$1,707
Difference
$44.81
more
🚗Transportation
↑ 2.2%
Madison, MS
$1,176
Charlotte, NC
$1,202
Difference
$26.22
more

🏠Rent Comparison

Studio
From$1,311
To$1,630
↑ $319
1 Bed
From$1,319
To$1,710
↑ $391
2 Bed
From$1,552
To$1,870
↑ $318
3 Bed
From$1,857
To$2,300
↑ $443
Madison, MSZIP-level data

1BR range: $1,640–$1,640/mo

Charlotte, NCZIP-level data

1BR range: $1,340–$2,310/mo

💡 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
$7,525
Monthly in Charlotte, NC
$999
Difference

Home Values

Madison
Charlotte
$404K
Median Value
$399K
↑ +2.9%
YoY Change
↓ -1.1%
↑ +31.1%
5-Year Change
↑ +40.8%
$404K
Price Range
$293K - $1.57M

Homes in Charlotte are 1% less expensive than Madison

Calculate payment - MadisonCalculate payment - Charlotte

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $225
Per year
Monthly Difference
$18.75
More take-home
Effective Rate Diff
0.2%
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

Charlotte, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Madison, MS Tax Rates

Sales Tax:7.1%
Property Tax:0.6%

Charlotte, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

💡 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
Charlotte
51 Moderate
Air Quality
51 Moderate
48.9%
Good Air Days
46.2%
98 High
Climate Risk
97 High
🌊🌀🌡
Top Hazards
🌊🌪💨
▲+2.2°F
2050 Outlook
▲+2.9°F
51 days
Heat Days >95°F
36 days
▲+2.2°F
2050 Outlook
▲+2.9°F
51 days
Heat Days >95°F
36 days

💰 See how taxes change too — compare take-home pay between Mississippi and North Carolina on TaxTakeHome.com

Similar cost to Charlotte, NC

Other cities in a similar price range

Austin, TXNashville, TNTampa, FL

Want to compare different cities?

New Comparison