Cost of living in Madrid, IA

Madrid is a Census city in Boone County, IA. ACS 2024 5-year population is 2,808. Median gross rent is $1,029 (ACS 2024 5-year, this place). Median home value is $185,600. Median household income is $89,844. Insurance is the NAIC state average; food is a USDA plan — no town indexes.