Housing costs in Franklin?
A typical home costs
$283,700, which is 16.1% less expensive than the national average of
$338,100 and 17.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Franklin costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 53.8% cheaper than the state average of
$1,400.
Can I afford Franklin?
To live comfortably in Franklin Virgi County, Virginia, a minimum annual income of
$54,360 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Franklin?
Franklin, VA County has a lower-than-average cost of living compared to the US average. The median house value in Franklin is $283,700 and the US average house value is $338,100. The cost of living in Franklin is 94.1 while the US average cost of living is 100. This difference in cost reflects an overall lower cost of living in Franklin compared to other areas in the United States. In addition, this lower cost of living makes it easier for families and individuals to afford housing and other necessities.