Franklin Town, MA Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
140
Franklin Town's Overall Cost Of Living
1.4x
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Franklin Town is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Franklin Town, MA?

According to the most recent data on the cost of living, Franklin Town has an overall cost of living index of 140 which is 1.4x higher than the national index of 100.

Compared to only Massachusetts, Franklin Town has a cost of living index that's 1.1x higher than Massachusetts's index of 131.

The standard of living in Franklin Town ranks as #5594 most affordable out of the 6522 places we measured in Massachusetts. By definition, that implies Franklin Town ranks as the #812 most expensive place in the Bay State.

For more reading on life in Franklin Town, check out:

Franklin Town Cost Of Living Vs. Massachusetts

Living Expense Franklin Town Massachusetts National Average
Overall 140 131 100
Services 129 122 100
Groceries 111 109 100
Health 120 121 100
Housing 183 165 100
Transportation 114 107 100
Utilities 120 114 100
For more reading on cost of living around Massachusetts, check out:
Franklin Town Cost of Living Vs. MA

Franklin Town, MA Housing Cost Breakdown

Housing swings affordability the most between places in Massachusetts, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$420,000
Median Home Value
$1,250
Median Rent
$115,355
Median Income
Statistic Franklin Town Massachusetts United States
Median Home Value $420,000 $366,800 $204,900
Median Rent $1,250 $1,225 $1,023
Median Income $115,355 $77,378 $60,293
Home Value To Income 3.6x 4.7x 3.4x
Rent To Monthly Income 0.13x 0.19x 0.2x

Franklin Town SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
8
Diversity
6
Safety
N/A
Amenities
8.5
Education
9.5
Commute
3

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