Avon, MN vs Franklin, MN
There is a significant gap in the cost of living between these two cities. Franklin is 21.3% cheaper than Avon. With a cost index of 67 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Avon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Avon is $1,013/month compared to $883/month in Franklin — a 15% difference. Home values follow the same pattern: Franklin is more affordable at $84,800 median vs $240,400.
Median household income in Avon is $90,987 compared to $54,904 in Franklin (+65.7%). While Avon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avon spend roughly 13.4% of their income on rent, less than the 19.3% in Franklin.
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