Zip 53132 (Franklin, WI) Cost of Living


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Franklin cost of living score
88
Less expensive
12.0% lower
than the US average
2.1% lower
than the Wisconsin average
Franklin (zip 53132), Wisconsin gets a BestPlaces Cost of Living score of 88, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% lower than the U.S. average and 2.1% higher than the average for Wisconsin.

Zip 53132 (Franklin, WI)

Housing costs in Franklin?
A typical home costs $328,500, which is 2.8% less expensive than the national average of $338,100 and 34.6% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Franklin costs $1,300 per month, which is 26.2% more than the national average of $1,030 and 16.2% more than the state average of $1,090.

Can I afford Franklin?
To live comfortably in Franklin (zip 53132), Wisconsin, a minimum annual income of $63,000 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Franklin?
The cost of living in 53132 Franklin, WI is quite affordable. Currently, the median home value in the area is around $282,000 and the median rent price is around $1,300 a month. Groceries and general goods are also relatively inexpensive with an overall cost-of-living index of 93.8 according to BestPlaces. This makes Franklin a great option for those looking to live comfortably on a budget.
   Cost of living score
     CategoriesFranklinWisconsinUnited States
  88.089.9100.0
  99.494.7100
  93.298.9100.0
  116.679.3100.0
  $328,500$244,100$338,100
  103.0%99.0%100.0%
  101.286.9100.0
  121.0106.6100.0

   100=National Average

   Average Rent by Bedroom Size
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