Franklin, WV Cost of Living


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Franklin cost of living score
78.9
Less expensive
21.1% lower
than the US average
0.6% lower
than the West Virginia average
Franklin, West Virginia gets a BestPlaces Cost of Living score of 78.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.1% lower than the U.S. average and 0.6% higher than the average for West Virginia.

Franklin, WV

Housing costs in Franklin?
A typical home costs $165,400, which is 51.1% less expensive than the national average of $338,100 and 18.4% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Franklin costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 13.2% cheaper than the state average of $860.

Can I afford Franklin?
To live comfortably in Franklin, West Virginia, a minimum annual income of $31,680 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Franklin?
The cost of living in Franklin, WV is quite affordable. It ranks well below the national average for various categories including housing, groceries, health care, and transportation. The median home price is $91,300, well below the national median of $188,900. Groceries cost around 4% less than the national average, and health care about 10%. Transportation expenses for car ownership are also very reasonable and average around 12% less than other parts of the country. All of these factors make Franklin a great place to live with an affordable cost of living.
   Cost of living score
     CategoriesFranklinWest VirginiaUnited States
  78.979.4100.0
  98.795.8100
  114.9127.0100.0
  38.639.3100.0
  $165,400$139,700$338,100
  84.3%85.9%100.0%
  94.790.1100.0
  78.885.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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