Housing costs in Franklin?
A typical home costs
$247,900, which is 26.7% less expensive than the national average of
$338,100 and 16.8% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Franklin costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 23.4% cheaper than the state average of
$950.
Can I afford Franklin?
To live comfortably in Franklin (zip 65250), Missouri, a minimum annual income of
$47,520 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 65250 Franklin, MO is quite affordable compared to other areas of the state. The median home value is $112,400, which is significantly lower than the national median. In addition, rent prices are relatively low; a one-bedroom apartment averages around $500 per month. Groceries are also reasonably priced, with staples such as milk and eggs costing about 15% less than in nearby cities. The overall cost of living in this area makes it an attractive option for those looking for a more budget-friendly place to live.