Cedarburg, WI vs Franklin, WI

Cedarburg, WI and Franklin, WI have a very similar cost of living, with only a 4.5% difference in their overall index. Cedarburg scores 97 while Franklin scores 102 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cedarburg is $1,057/month compared to $1,325/month in Franklin — a 20% difference. Interestingly, home values tell a different story: while Cedarburg has cheaper rent, Franklin actually has lower median home values ($343,400 vs $386,400).

Median household income in Cedarburg is $82,110 compared to $108,342 in Franklin (-24.2%). While Franklin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedarburg spend roughly 15.4% of their income on rent, more than the 14.7% in Franklin.