Cost of Living: Rochester, MN vs Franklin, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rochester | Franklin |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $335,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1200 |
Housing Comparison: Rochester vs Franklin
- In Rochester, the median home price is higher at $335,000, while in Franklin it is $305,000.
- Renting a two-bedroom apartment costs more in Rochester at $1,500 than in Franklin at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rochester | Franklin |
|---|---|---|
| Electricity Price | $16.38 | $17.6 |
| Natural Gas Price | $14.87 | $11.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rochester vs Franklin
- Franklin has higher electricity costs at $17.6 per kWh, versus $16.38 in Rochester.
- Natural gas is more expensive in Rochester at $14.87 per unit, while it is cheaper at $11.5 in Franklin.
- Utility expenses are equal in both Rochester and Franklin averaging $250.