Franklin is located in Wisconsin and has an overall cost of living that is +5% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Franklin.

Housing: Median rent in Franklin is $1,953 / month, and the median home price is $650,876. Housing costs are +22% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.12), milk ($4.77), and eggs ($4.71) reflect the local grocery landscape. Overall grocery costs are +1% vs the national average.

Healthcare: Medical costs include doctor visits ($154.75), dentist visits ($124.31), and prescription drugs ($22.40). These costs should be factored into your monthly budget when planning a move.

Wisconsin has a state income tax rate of 7.65%, which affects take-home pay for Franklin residents.

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Franklin, Wisconsin Cost of Living FAQ

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Franklin, Wisconsin has an overall cost of living that is +5% the national average. Housing costs are +22% vs the national average. Grocery prices are +1% vs average. Utilities are -7% vs average. This makes Franklin a city with costs close to national averages.

The median rent in Franklin, Wisconsin is $1,953 / month. Average energy bills run $204.28 / month. Phone bills average $182.24 / month. Housing is typically the largest expense for residents.

Healthcare costs in Franklin: doctor's visit averages $154.75, dentist visit averages $124.31, prescription drugs average $22.40. Overall healthcare expenses in the area are influenced by the +1% grocery cost difference.

Franklin is one of 151 cities tracked in Wisconsin. With an overall cost +5% vs the national average, it tends to be pricier than some smaller communities. Visit our Wisconsin state page to compare all cities side-by-side and find the best fit for your budget.

Franklin offers cost of living +5% compared to the national average. Key factors to consider: median home price of $650,876, rent of $1,953 / month, and a state income tax of 7.65% in Wisconsin. Explore our detailed cost breakdown above to see if Franklin fits your budget.