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Dawson, MN vs Franklin, MN

62
Dawson
Minnesota
VS
-7.8%
67
Franklin
Minnesota

Dawson is moderately more affordable than Franklin, with a 7.8% lower cost of living index. Dawson scores 62 compared to 67 for Franklin, where the US average is 100. This difference means residents of Franklin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dawson is $618/month compared to $883/month in Franklin — a 30% difference. Interestingly, home values tell a different story: while Dawson has cheaper rent, Franklin actually has lower median home values ($84,800 vs $118,800).

Median household income in Dawson is $70,286 compared to $54,904 in Franklin (+28%). Dawson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dawson spend roughly 10.6% of their income on rent, less than the 19.3% in Franklin.

Income & Cost

Cost of Living Index
Dawson
62
8% cheaper
Franklin
67
Median Household Income
Dawson
$70,286
22% higher
Franklin
$54,904

Housing

Median Rent
Dawson
$618
30% cheaper
Franklin
$883
Median Home Value
Dawson
$118,800
Franklin
$84,800
29% cheaper
Population
Dawson
1,441
Franklin
513

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