Cedar Lake, Indiana vs. Franklin, Indiana

Cost of Living Comparison

The cost of living in Franklin, Indiana is 7.6% cheaper than Cedar Lake, Indiana.

You would need a salary of $46,218 in Franklin, Indiana to maintain the standard of living you have in Cedar Lake, Indiana.
Comparison highlights
• Overall, Franklin, Indiana is cheaper than Cedar Lake, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% cheaper in Franklin
than in Cedar Lake, Indiana
Cedar Lake, IN vs. Franklin, IN
Compared to Cedar Lake, Franklin is:
  Homeowner
      No Child Care, Taxes not Considered
  7.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.3% lower
  Housing (Homeowner)
  21.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.4% lower
  Commute
  14.5% lower
  Health
  5.3% higher
  Taxes
  Childcare
  Personal
  4.2% lower