Franklin, WI vs Waunakee, WI

Franklin is moderately more affordable than Waunakee, with a 8.5% lower cost of living index. Franklin scores 102 compared to 111 for Waunakee, where the US average is 100. This difference means residents of Waunakee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Franklin is $1,325/month compared to $1,236/month in Waunakee — a 7% difference. Interestingly, home values tell a different story: while Waunakee has cheaper rent, Franklin actually has lower median home values ($343,400 vs $490,300).

Median household income in Franklin is $108,342 compared to $128,750 in Waunakee (-15.9%). While Waunakee 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, more than the 11.5% in Waunakee.