Franklin, North Carolina vs. Silver Bay, Minnesota

Cost of Living Comparison

The cost of living in Silver Bay, Minnesota is 16.4% cheaper than Franklin, North Carolina.

You would need a salary of $41,783 in Silver Bay, Minnesota to maintain the standard of living you have in Franklin, North Carolina.
Comparison highlights
• Overall, Silver Bay, Minnesota is cheaper than Franklin, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Silver Bay
than in Franklin, North Carolina
Franklin, NC vs. Silver Bay, MN
Compared to Franklin, Silver Bay is:
  Homeowner
      No Child Care, Taxes not Considered
  16.4% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  3.0% lower
  Housing (Homeowner)
  43.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.9% lower
  Commute
  9.8% higher
  Health
  28.7% lower
  Taxes
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  Childcare
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  Personal
  5.2% higher
Cost of Food
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