Franklin, ID Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Franklin, Idaho?
$5,550 / month
for a family, 2.8% more expensive than the national average A total of $66,600 for the year for a family.
$2,767 / month
for a single person, 42.0% less expensive than the national average A total of $33,200 for the year for a single person.

Franklin cost of living score
95.1
Less expensive
4.9% lower
than the US average
9.9% lower
than the Idaho average
Franklin, Idaho gets a BestPlaces Cost of Living score of 95.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% lower than the U.S. average and 9.9% lower than the average for Idaho.

Franklin, ID

Housing costs in Franklin?
A typical home costs $348,000, which is 2.9% more expensive than the national average of $338,100 and 21.8% less expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Franklin costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 8.7% cheaper than the state average of $1,120.

Can I afford Franklin?
To live comfortably in Franklin, Idaho, a minimum annual income of $66,600 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Franklin?
The cost of living in Franklin, ID is relatively low compared to other cities in the area. The average cost of housing is significantly lower than the national average, and utilities are also inexpensive. Additionally, property taxes are quite reasonable for those looking to purchase a home in Franklin. Groceries and dining out are both quite affordable as well, making Franklin an ideal location for those on a budget. In short, if you’re looking for an affordable place to call home then Franklin should definitely be on your list of potential places to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFranklinIdahoUnited States
    Unlock105.5100.0
  91.7  Unlock100.0
    Unlock104.5100.0
  97.0  Unlock100.0
    Unlock$445,000$338,100
  94.6  Unlock100.0
    Unlock81.6100.0
  71.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Franklin, ID
cost of living
Compare food, housing, utilities, and more in Franklin, Idaho to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.