Delavan, MN vs Franklin, MN

Delavan, MN and Franklin, MN have a very similar cost of living, with only a 0.4% difference in their overall index. Delavan scores 68 while Franklin scores 67 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 Delavan is $929/month compared to $883/month in Franklin — a 5% difference. Interestingly, home values tell a different story: while Franklin has cheaper rent, Delavan actually has lower median home values ($71,500 vs $84,800).

Median household income in Delavan is $69,583 compared to $54,904 in Franklin (+26.7%). While Delavan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Delavan spend roughly 16% of their income on rent, less than the 19.3% in Franklin.