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Des Moines, IA vs Madison, WI: Cost of Living

Compare the cost of living between Des Moines, IA and Madison, WI. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Des Moines, IA

IA

Overall RPP (US=100)
92.1
Housing RPP
87.5
Goods RPP
93.3
2-BR median rent
$1,080/mo

Iowa income tax 4.4%-6.0%.

Madison, WI

WI

Overall RPP (US=100)
95.3
Housing RPP
99
Goods RPP
91.7
2-BR median rent
$1,372/mo

Wisconsin income tax 3.54%-7.65%.

Equivalent salary

Madison, WI is more expensive than Des Moines, IA by about 3.5% (RPP 92.1 to 95.3).

$60,000 in Des Moines, IA

-> $62,085

in Madison, WI

$100,000 in Des Moines, IA

-> $103,474

in Madison, WI

$150,000 in Des Moines, IA

-> $155,212

in Madison, WI

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Des Moines, IA vs Madison, WI

IRS tax-return migration · 2021-2022

Des Moines, IA

Net people
+488
Net rank
#27 of 65
Top origin share
4%
Top destination share
3%

Largest source: Story County, IA. Largest destination: Story County, IA.

Madison, WI

Net people
−1,925
Net rank
#34 of 65
Top origin share
4%
Top destination share
5%

Largest source: Rock County, WI. Largest destination: Rock County, WI.

Rent delta: Madison, WI is $292/mo higher for HUD FY2024 2-BR FMR than Des Moines, IA. Housing RPP moves from 87.5 to 99.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Madison, WI cheaper or more expensive than Des Moines, IA?
Madison, WI (RPP 95.3) is more expensive than Des Moines, IA (RPP 92.1) by about 3.5%.
What salary do I need in Madison, WI if I earn $100,000 in Des Moines, IA?
You would need approximately $103,474 in Madison, WI to maintain the same purchasing power as $100,000 in Des Moines, IA. Formula: $100,000 x (95.3 / 92.1).
Which metro had stronger net migration, Des Moines, IA or Madison, WI?
For 2021-2022, Des Moines, IA had a net gain of 488 people, while Madison, WI had a net loss of 1,925 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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