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College Costs in Madison, SD 2026

Compare tuition, housing, and financial aid across 1 colleges in Madison, South Dakota. Use our free calculator to estimate your total cost.

Avg Public Tuition

$9,700

per year

Avg Private Tuition

$24,000

per year

Avg Rent Near Campus

$621

per month

Colleges & Universities

1

institutions

Madison Overview

Population

7,279

Student Population

2,063 (28.3%)

Cost of Living Index

90.9 (avg: 100)

Walk Score

50/100

Transit Score

25/100

Unemployment Rate

2.9%

College Cost Calculator for Madison

Cost Inputs

Total Cost (4 Years, Public In-State)

$92,156

Total After Financial Aid

$92,156

Annual Cost

$23,039

Annual After Aid

$23,039

Cost Breakdown (4 Years)

Tuition$38,800
Room & Board$53,356

If Financed (10-Year Loan at 6.5%)

Loan Amount$92,156
Monthly Payment$1,046
Total Interest$33,414
Total Loan Cost$125,570

Universities in Madison

UniversityTypeAnnual Tuition
Madison State UniversityPublic$9,428
Madison Community CollegeCommunity$5,285

Madison has 1 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

CategoryMadisonNational AvgDifference
Public Tuition (In-State)$9,700$10,940-$1,240
Monthly Rent Near Campus$621$1,050-$429
Cost of Living Index90.9100-9.099999999999994

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

50

Walk Score

Somewhat Walkable

25

Transit Score

Minimal Transit

28.3%

Student Population

2,063 students

Madison has a total population of 7,279, with approximately 2,063 college students (28.3% of the population). As a major college town, Madison offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.

Post-Graduation Outlook in Madison

$34,205

Starting Salary

2.9%

Unemployment Rate

66%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Madison earn a median starting salary of $34,205, which is -$795 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $92,156 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $14,413 per student per year, the net cost and payback period can be significantly reduced.

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