Menomonee Falls, WI vs Franklin, WI: Cost of Living

Which city costs less?

Franklin, WI has a modeled overall cost index 0.3% lower than Menomonee Falls, WI.

Menomonee Falls, WI · modeled 2BR rent: $1,640 / month
Franklin, WI · modeled 2BR rent: $1,630 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Menomonee Falls, WI and Franklin, WI using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Menomonee Falls, WI

Numbers update automatically as you type

Estimated savings: $16.29/month in Franklin, WI

$150,000 in your current city has a modeled equivalent of $149,805 in Franklin, WI

Regional cost estimates: Menomonee Falls, WI uses Milwaukee, WI. Franklin, WI uses Milwaukee, WI. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 0.3%

Less expensive

Monthly Impact

$16.29

Savings

Annual Impact

$195

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Menomonee Falls, WI

Population:40K

Cost Index:

85.7

100 = national average

Typical Home:$414K

Franklin, WI

Population:35K

Cost Index:

85.5

100 = national average

Typical Home:$420K

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Menomonee Falls, WI

The Badger State

40K

Population

State Tax

Yes

Located in Wisconsin, this city has a population of 40K residents.

Franklin, WI

The Badger State

35K

Population

State Tax

Yes

Located in Wisconsin, this city has a population of 35K residents.

Cost Breakdown by Category

Estimated monthly spending: Menomonee Falls, WI vs Franklin, WI

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Menomonee Falls, WI	Franklin, WI	Difference	Change
Housing	$1,855/mo	$1,850/mo	↓ $4.80less	0.3%
Other	$1,722/mo	$1,718/mo	↓ $4.46less	0.3%
Transportation	$1,508/mo	$1,504/mo	↓ $3.90less	0.3%
Groceries	$1,059/mo	$1,058/mo	↓ $1.37less	0.1%
Healthcare	$794/mo	$793/mo	↓ $1.03less	0.1%
All Utilities	$561/mo	$560/mo	↓ $0.73less	0.1%

Housing

↓ 0.3%

Menomonee Falls, WI

$1,855

Franklin, WI

$1,850

Difference

$4.80

less

Other

↓ 0.3%

Menomonee Falls, WI

$1,722

Franklin, WI

$1,718

Difference

$4.46

less

Transportation

↓ 0.3%

Menomonee Falls, WI

$1,508

Franklin, WI

$1,504

Difference

$3.90

less

Groceries

↓ 0.1%

Menomonee Falls, WI

$1,059

Franklin, WI

$1,058

Difference

$1.37

less

Healthcare

↓ 0.1%

Menomonee Falls, WI

$794

Franklin, WI

$793

Difference

$1.03

less

All Utilities

↓ 0.1%

Menomonee Falls, WI

$561

Franklin, WI

$560

Difference

$0.73

less

🏠Rent Comparison

Studio

From$1,260

To$1,250

↓ $10.00

1 Bed

From$1,370

To$1,360

↓ $10.00

2 Bed

From$1,640

To$1,630

↓ $10.00

3 Bed

From$2,020

To$2,010

↓ $10.00

Menomonee Falls, WIZIP-level data

1BR range: $1,370–$1,370/mo

Franklin, WIZIP-level data

1BR range: $1,360–$1,360/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Menomonee Falls, WI

$7,484

Monthly in Franklin, WI

$16.29

Difference

Home Values

Menomonee Falls

Franklin

$414K

Median Value

$420K

↑ +5.5%

YoY Change

↑ +3.9%

↑ +26%

5-Year Change

↑ +34.9%

Homes in Franklin are 1% more expensive than Menomonee Falls

Calculate payment - Menomonee Falls Calculate payment - Franklin

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Menomonee Falls, WI

Federal Income Tax

Effective: 18.9%

$25.5K

Wisconsin State Tax

Effective: 5.9%

$8.8K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.6%

$45.9K

Take-Home Pay

$8,678/month

$104.1K

Franklin, WI

Federal Income Tax

Effective: 18.9%

$25.5K

Wisconsin State Tax

Effective: 5.9%

$8.8K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.6%

$45.9K

Take-Home Pay

$8,678/month

$104.1K

Additional Tax Information

Menomonee Falls, WI Tax Rates

Sales Tax:5.6%

Property Tax:1.8%

Franklin, WI Tax Rates

Sales Tax:5.6%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Menomonee Falls

Franklin

43 Good

Air Quality

43 Good

68.6%

Good Air Days

68.6%

98 High

Climate Risk

98 High

🌊🌡🌪

Top Hazards

🌊🌡🌪

▲+3.3°F

2050 Outlook

▲+3.3°F

13 days

Heat Days >95°F

13 days

▲+3.3°F

2050 Outlook

▲+3.3°F

13 days

Heat Days >95°F

13 days

Before moving from Menomonee Falls, WI to Franklin, WI

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Franklin, WI for the same bedroom count and included utilities as your home in Menomonee Falls, WI. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Menomonee Falls to Franklin moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Franklin, WI by cost, housing, population and region.

Frequently Asked Questions: Menomonee Falls, WI vs Franklin, WI

How do the cost estimates for Menomonee Falls, WI and Franklin, WI compare?

Franklin, WI has a modeled overall cost index 0.3% lower than Menomonee Falls, WI. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Menomonee Falls, WI, the model estimates $149,805 in Franklin, WI. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Menomonee Falls, WI and Franklin, WI?

The modeled two-bedroom rents are $1,640/month in Menomonee Falls, WI and $1,630/month in Franklin, WI. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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