CostIndexUSA

Chico, CA vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Chico
101.2
overall index
$1,575/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is slightly cheaper than Chico — 3.9% lower overall cost of living.

To match an $80,000 salary in Chico, you would need $76,900 in Madison. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+8.5%
Chico
91.9
Madison
99.7
🛒 Groceries10.8%
Chico
105.2
Madison
93.8
🚗 Transportation0.9%
Chico
105.3
Madison
104.4
🏥 Healthcare0.9%
Chico
95.3
Madison
94.4
Utilities43.5%
Chico
158.8
Madison
89.8

Salary Equivalency Calculator

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

$
Equivalent salary in Madison, WI
$76,900
$3,100 less needed in Madison

Formula: salary × (97.3 ÷ 101.2) = salary × 0.9615. Based on BEA Regional Price Parities.

Housing Market

Chico, CA

Median Home Price
$390,000
Median Monthly Rent
$1,575
Housing Index
91.9
Price-to-Rent Ratio
20.6×

Madison, WI

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

Madison has 8.5% higher housing costs compared to Chico.

Income & Job Market

Chico, CA

Median Household Income
$63,200
Per Capita Income
$36,000
Unemployment Rate
6.9%
Population
101,475
Top Industries
EducationHealthcareAgricultureManufacturingRetail

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).

Chico, CA
3.3×income-to-rent ratio

70% 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.