Housing costs in Franklin?
A typical home costs
$90,000, which is 73.4% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Franklin costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$840.
Can I afford Franklin?
To live comfortably in Franklin, Arkansas, a minimum annual income of
$17,280 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, AR is quite reasonable. The area is known for its low housing costs, with a median home price of around $124,800. This makes it a great option for those looking to purchase their first home and settle down in the area. Additionally, the overall cost of living is 10% below the national average. With such affordable living expenses, it's no wonder that many people have chosen to make Franklin their new home.