Housing costs in Franklin?
A typical home costs
$209,200, which is 38.1% less expensive than the national average of
$338,100 and 39.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Franklin costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,400.
Can I afford Franklin?
To live comfortably in Franklin, Virginia, a minimum annual income of
$39,960 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Franklin?
Franklin, VA is a great place to live with an affordable cost of living. The average cost for housing in Franklin is around $220,000, which is well below the national average. Renting an apartment costs between $750 and $1,500 per month depending on the size and location. Utilities are also relatively inexpensive ranging from $100 to $200 per month. Groceries are similarly affordable with basic necessities costing between $30 and $60 per week. For those looking for a high quality of life at a more reasonable price, Franklin is a great option.