Housing costs in Franklin?
A typical home costs
$119,800, which is 64.6% less expensive than the national average of
$338,100 and 70.6% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Franklin costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 61.5% cheaper than the state average of
$1,550.
Can I afford Franklin?
To live comfortably in Franklin, Arizona, a minimum annual income of
$23,040 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, AZ is quite affordable compared to other cities in the state. The median home value is about $110,000 which is significantly lower than the national average and provides plenty of opportunity for people looking to purchase a home. Additionally, the cost of groceries and transportation are much lower than other areas of Arizona and help keep overall living expenses manageable. For people looking for an affordable place to call home, Franklin is an excellent choice.