Cost of living in Franklin
Composed in-house · four inputs · 14% of the overall score
C−
54/100
26th of 30
26th of 30
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The four inputs
Housing cost index121
Milwaukee 10045% · scores 61
Effective property tax rate1.74%
Milwaukee 1.38%25% · scores 33
Utilities112
Milwaukee 10020% · scores 48
Local sales tax5.72%
Milwaukee median 5.72%10% · scores 86
Vertical rule marks the Milwaukee reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.
Best Milwaukee suburbs for cost of living
All 30 ranked, Franklin highlighted1Port WashingtonB$296,3002HartfordB$297,1003West AllisB$203,8004South MilwaukeeB−$235,7005West BendB−$263,1006New BerlinB−$365,7007GreenfieldB−$261,1008CedarburgB−$422,0009Menomonee FallsB−$368,00010WaukeshaB−$315,50011OconomowocB−$394,50012MuskegoB−$417,40013CudahyC+$216,50014MilwaukeeC+$184,00015LisbonC+$414,50016GermantownC+$373,60017Oak CreekC+$331,70018SussexC+$430,60019GraftonC+$328,80020WauwatosaC+$339,00021Brown DeerC$239,30022PewaukeeC$447,10023GreendaleC$314,20024RichfieldC$503,40025GlendaleC−$282,80026FranklinC−$364,20027ShorewoodD+$443,70028BrookfieldD+$443,90029Whitefish BayD+$533,80030MequonD$501,600
Better than Franklin on cost of living
Franklin grades C− on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.
SuburbCost of livingOverall
West Allis9 mi from FranklinB 58 C South Milwaukee8 mi from FranklinB− 56 C− New Berlin9 mi from FranklinB− 70 B− Greenfield5 mi from FranklinB− 64 C+ Menomonee Falls20 mi from FranklinB− 70 B− Waukesha15 mi from FranklinB− 64 C+ Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24