Housing costs in Franklin?
A typical home costs
$253,900, which is 24.9% less expensive than the national average of
$338,100 and 28.9% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Franklin costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 15.5% more than the state average of
$980.
Can I afford Franklin?
To live comfortably in Franklin O County, Ohio, a minimum annual income of
$48,600 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, OH County is quite reasonable compared to the national average. According to the latest figures, the cost of living in Franklin County is 91.4 while the US average Cost of Living is 100. This indicates that people in Franklin County can enjoy a lower cost of living than most other parts of the country. Additionally, property values are also lower than the nation's average with a median house value at $253,900 as compared to $338,100 across the United States. This makes Franklin County an attractive location for both buyers and renters looking for affordability.