Housing costs in Franklin?
A typical home costs
$268,600, which is 20.6% less expensive than the national average of
$338,100 and 22.1% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Franklin costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$1,290.
Can I afford Franklin?
To live comfortably in Franklin, Vermont, a minimum annual income of
$51,480 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, VT is relatively affordable compared to other parts of the state. Housing prices tend to be lower than the Vermont average, with the median value of a home priced around $170,000. The median salary for those living in Franklin is slightly higher than the national median salary at just over $52,000 per year. Other costs such as transportation and utilities are also lower than the state average. This makes it an attractive option for those looking for an affordable place to live that still offers plenty of opportunities for outdoor recreation and entertainment.