Franklin Town, MA Cost of Living


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Franklin Town cost of living score
143.4
More expensive
43.4% higher
than the US average
12.5% higher
than the Massachusetts average
Franklin Town, Massachusetts gets a BestPlaces Cost of Living score of 143.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 43.4% higher than the U.S. average and 12.5% lower than the average for Massachusetts.

Franklin Town, MA

Housing costs in Franklin Town?
A typical home costs $585,900, which is 73.3% more expensive than the national average of $338,100 and 5.1% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Franklin Town costs $2,210 per month, which is 54.5% more than the national average of $1,430 and 3.2% more than the state average of $2,140.

Can I afford Franklin Town?
To live comfortably in Franklin Town, Massachusetts, a minimum annual income of $112,320 for a family, and $73,600 for a single person is recommended.

What does A.I. say about Franklin Town?
Franklin Town, MA has a relatively low cost of living. The median home price is just over $400,000 and the median household income is around $86,000. Rent prices are also quite reasonable, with an average two-bedroom apartment costing just over $1,100 per month. Utilities are also fairly inexpensive as well as grocery costs and other essentials. Overall, Franklin Town is an affordable place to live with plenty of entertainment and amenities to enjoy at a reasonable cost.
   Cost of living score
     CategoriesFranklin TownMassachusettsUnited States
  143.4127.5100.0
  108.7108.9100
  89.690.2100.0
  184.8175.0100.0
  $585,900$557,300$338,100
  115.3%112.9%100.0%
  129.7107.9100.0
  167.2147.9100.0

   100=National Average

   Average Rent by Bedroom Size
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