Franklin, WI vs Janesville, WI

There is a significant gap in the cost of living between these two cities. Janesville is 26.2% cheaper than Franklin. With a cost index of 81 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Janesville to Franklin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin is $1,325/month compared to $1,037/month in Janesville — a 28% difference. Home values follow the same pattern: Janesville is more affordable at $209,700 median vs $343,400.

Median household income in Franklin is $108,342 compared to $71,664 in Janesville (+51.2%). 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 Franklin spend roughly 14.7% of their income on rent, less than the 17.4% in Janesville.