Housing costs in Franklin?
A typical home costs
$348,200, which is 3.0% more expensive than the national average of
$338,100 and 42.6% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Franklin costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 18.3% more than the state average of
$1,030.
Can I afford Franklin?
To live comfortably in Franklin, Wisconsin, a minimum annual income of
$66,600 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, WI is quite affordable compared to larger cities. The median household income is $81,000 and the median home value is $244,900. Prices for basic goods and services are generally lower than the national average. Utilities such as electricity, gas and water are all reasonably priced and there is no shortage of housing options available, ranging from starter homes to luxury condominiums. As a result, Franklin is an ideal place to live if you’re looking for a comfortable lifestyle without breaking the bank.