Housing costs in Franklin?
A typical home costs
$203,000, which is 40.0% less expensive than the national average of
$338,100 and 40.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Franklin costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$1,400.
Can I afford Franklin?
To live comfortably in Franklin (zip 23851), Virginia, a minimum annual income of
$38,880 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Franklin?
23851 Franklin, VA is known to be an affordable place to live and work. The cost of living in this area is relatively low compared to other places in the state and across the country. Prices for groceries, rent, utilities, and entertainment are all within reach for most households in 23851 Franklin, VA. This makes it a great choice for many families looking to move or relocate without breaking their bank account. In addition, the area offers plenty of recreational activities and natural beauty that can be enjoyed at a reasonable price. All in all, the cost of living in 23851 Franklin, VA offers a great value for those looking to relocate or just enjoy some time away from home.