Franklin County, NC Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Franklin cost of living score
91
Less expensive
9.0% lower
than the US average
0.0% lower
than the North Carolina average
Franklin North Carol County, North Carolina gets a BestPlaces Cost of Living score of 91, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.0% lower than the U.S. average and 0.0% lower than the average for North Carolina.

Franklin County, NC

Housing costs in Franklin?
A typical home costs $320,600, which is 5.2% less expensive than the national average of $338,100 and 10.8% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Franklin costs $1,410 per month, which is 1.4% cheaper than the national average of $1,430 and 21.3% more than the state average of $1,110.

Can I afford Franklin?
To live comfortably in Franklin North Carol County, North Carolina, a minimum annual income of $61,560 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Franklin?
Franklin, NC County is an affordable place to live compared to the US average. The median value of a house in Franklin, NC County is $320,600, which is significantly lower than the US average median value of $338,100. Likewise, the cost of living in Franklin, NC County is 91, 9 points below the national average of 100. This makes Franklin, NC County a great option for those looking for an affordable place to call home without compromising on quality of life.
   Cost of living score
     CategoriesFranklinNorth CarolinaUnited States
  91.091.0100.0
  96.196.5100
  95.5107.2100.0
  85.683.1100.0
  $320,600$289,300$338,100
  103.2%99.2%100.0%
  85.883.9100.0
  85.889.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime