Housing costs in Franklin Square?
A typical home costs
$654,600, which is 93.6% more expensive than the national average of
$338,100 and 58.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Franklin Square costs
$2,300 per month, which is 60.8% more than the national average of
$1,430 and 14.8% more than the state average of
$1,960.
Can I afford Franklin Square?
To live comfortably in Franklin Square, New York, a minimum annual income of
$125,280 for a family, and
$76,800 for a single person is recommended.
What does A.I. say about Franklin Square?
Franklin Square, NY is an affordable place to live in comparison to many other parts of the country. Property taxes, while still on the higher end of the scale, are lower than the national average and housing costs are well below what you would find in other major cities. Additionally, groceries, utilities, and transportation are all much more reasonably priced than they are in many other places. In fact, overall cost of living is about 16% lower than the national average which makes Franklin Square a very attractive option for those looking to save some money without sacrificing quality of life.