Housing costs in Franklin?
A typical home costs
$302,600, which is 10.5% less expensive than the national average of
$338,100 and 1.8% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Franklin costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 39.1% cheaper than the state average of
$1,280.
Can I afford Franklin?
To live comfortably in Franklin, Georgia, a minimum annual income of
$57,960 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, GA is quite reasonable. The median home value is around $158,000, which is slightly lower than the national average. Although the cost of utilities can be slightly higher than some other cities in the region, overall living expenses are quite affordable. The local unemployment rate is low and the job market looks promising for new residents looking for work. With plenty of outdoor activities available, it's easy to keep costs down and still enjoy a high quality of life.