Franklin, OH Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
89
Franklin's Overall Cost Of Living
0.9x
Lower Than The National Average
125 out of 286
In Ohio
1,460 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Franklin is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Franklin, OH?

According to the most recent data on the cost of living, Franklin has an overall cost of living index of 89 which is 0.9x lower than the national index of 100.

Compared to only Ohio, Franklin has a cost of living index that's 1.0x lower than Ohio's index of 90.

The standard of living in Franklin ranks as #1,460 most affordable out of the 6,418 places we measured in Ohio. By definition, that implies Franklin ranks as the #4,958 most expensive place in the Buckeye State.

For more reading on life in Franklin, check out:

Franklin Cost Of Living Vs. Ohio

Living Expense Franklin Ohio National Average
Overall 89 90 100
Services 104 100 100
Groceries 96 99 100
Health 85 100 100
Housing 66 74 100
Transportation 98 102 100
Utilities 95 93 100
For more reading on cost of living around Ohio, check out:
Franklin Cost of Living Vs. OH

Franklin, OH Housing Cost Breakdown

Housing swings affordability the most between places in Ohio, 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.

$108,400
Median Home Value
$797
Median Rent
$48,018
Median Income
Statistic Franklin Ohio United States
Median Home Value $108,400 $151,400 $229,800
Median Rent $797 $825 $1,096
Median Income $48,018 $58,116 $64,994
Home Value To Income 2.3x 2.6x 3.5x
Rent To Monthly Income 0.2x 0.17x 0.2x

Detailed Franklin Services Costs Vs. Ohio

Item Franklin Ohio
Shampoo $0.91 $1.06
Movie $13.67 $10.68
Bowling $15.0 $14.67

Detailed Franklin Groceries Costs Vs. Ohio

Item Franklin Ohio
Ground Beef $4.23 $4.22
Fried Chicken $1.59 $1.39
Milk $1.43 $2.05

Detailed Franklin Health Costs Vs. Ohio

Item Franklin Ohio
Haircut $21.47 $18.62
Beauty Salon $35.68 $39.05
Toothpaste $3.1 $2.34

Detailed Franklin Transportation Costs Vs. Ohio

Item Franklin Ohio
Potatoes $3.26 $3.29
Pizza $10.28 $10.62
Beer $9.24 $9.38
Optometrist $92.21 $108.57
Doctor $90.53 $116.17
Dentist $84.64 $99.13

Detailed Franklin Utilities Costs Vs. Ohio

Item Franklin Ohio
Gasoline $2.21 $2.22
Tire Balancing $48.01 $50.07
All Electricity $150.32 $167.67
Phone $179.85 $175.64

Franklin SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
4
Safety
N/A
Amenities
8
Education
4
Commute
8.5

Cost Of Living In Cities Around Franklin

City Population Cost Of Living Vs. Franklin
Kettering, OH 55,271 88 1.0x
Middletown, OH 48,765 86 1.0x
Beavercreek, OH 47,343 101 1.1x
Mason, OH 33,592 104 1.2x
Centerville, OH 23,766 98 1.1x
Miamisburg, OH 20,020 89 1.0x
Springboro, OH 18,416 101 1.1x
Monroe, OH 14,061 99 1.1x
Loveland, OH 13,911 98 1.1x
West Carrollton, OH 12,901 87 1.0x

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