Housing costs in Franklin?
A typical home costs
$128,200, which is 62.1% less expensive than the national average of
$338,100 and 58.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Franklin costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Franklin?
To live comfortably in Franklin (zip 55333), Minnesota, a minimum annual income of
$24,480 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 55333 Franklin, MN is quite affordable compared to other cities. The median home value is around $265,000 which is lower than the national average. Additionally, groceries and health care costs are slightly below the national average as well. The cost of transportation is also lower than the rest of the country. Overall, 55333 Franklin, MN offers a great quality of life at an affordable price.