College Costs in Madison, MS 2026
Compare tuition, housing, and financial aid across 2 colleges in Madison, Mississippi. Use our free calculator to estimate your total cost.
Avg Public Tuition
$8,700
per year
Avg Private Tuition
$22,000
per year
Avg Rent Near Campus
$400
per month
Colleges & Universities
2
institutions
Madison Overview
Population
27,450
Student Population
2,917 (10.6%)
Cost of Living Index
76.9 (avg: 100)
Walk Score
35/100
Transit Score
26/100
Unemployment Rate
3.5%
College Cost Calculator for Madison
Cost Inputs
Total Cost (4 Years, Public In-State)
$88,260
Total After Financial Aid
$88,260
Annual Cost
$22,065
Annual After Aid
$22,065
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $88,260 |
| Monthly Payment | $1,002 |
| Total Interest | $32,001 |
| Total Loan Cost | $120,261 |
Universities in Madison
| University | Type | Annual Tuition |
|---|---|---|
| Madison State University | Public | $9,069 |
| Madison Community College | Community | $4,640 |
Madison has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Madison vs. National Average
| Category | Madison | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $8,700 | $10,940 | -$2,240 |
| Monthly Rent Near Campus | $400 | $1,050 | -$650 |
| Cost of Living Index | 76.9 | 100 | -23.099999999999994 |
Madison's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Madison
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,917 students
Madison has a total population of 27,450, with approximately 2,917 college students (10.6% of the population). Madison has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Madison
$27,470
Starting Salary
3.5%
Unemployment Rate
72%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Madison earn a median starting salary of $27,470, which is -$7,530 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $88,260 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $15,206 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Mississippi
Jackson
11 colleges · Avg tuition $8,684
Hattiesburg
3 colleges · Avg tuition $9,360
Oxford
2 colleges · Avg tuition $9,152
Starkville
3 colleges · Avg tuition $9,392
Gulfport
3 colleges · Avg tuition $8,700
Southaven
3 colleges · Avg tuition $8,700
Biloxi
3 colleges · Avg tuition $8,700
Olive Branch
2 colleges · Avg tuition $8,700
Tupelo
2 colleges · Avg tuition $8,700
Meridian
2 colleges · Avg tuition $8,700
Brandon
2 colleges · Avg tuition $8,700
Horn Lake
2 colleges · Avg tuition $8,700
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