Franklin, NH Cost Of Living
Franklin's Overall Cost Of Living
Higher Than The National Average
In New Hampshire
In America
What is the cost of living in Franklin, NH?
According to the most recent data on the cost of living, Franklin has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.
Compared to only New Hampshire, Franklin has a cost of living index that's 0.9x lower than New Hampshire's index of 113.
The standard of living in Franklin ranks as #3,487 most affordable out of the 6,418 places we measured in New Hampshire. By definition, that implies Franklin ranks as the #2,932 most expensive place in the Granite State.
Franklin Cost Of Living Vs. New Hampshire
| Living Expense | Franklin | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 103 | 113 | 100 | |
| Services | 110 | 114 | 100 | |
| Groceries | 99 | 101 | 100 | |
| Health | 115 | 114 | 100 | |
| Housing | 85 | 124 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 114 | 113 | 100 | |
Franklin, NH Housing Cost Breakdown
Housing swings affordability the most between places in New Hampshire, 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.
Median Home Value
Median Rent
Median Income
| Statistic | Franklin | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $188,700 | $272,300 | $229,800 |
| Median Rent | $889 | $1,145 | $1,096 |
| Median Income | $57,992 | $77,923 | $64,994 |
| Home Value To Income | 3.3x | 3.5x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Detailed Franklin Services Costs Vs. New Hampshire
| Item | Franklin | New Hampshire |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $8.77 | $10.68 |
| Bowling | $19.0 | $14.67 |
Detailed Franklin Groceries Costs Vs. New Hampshire
| Item | Franklin | New Hampshire |
|---|---|---|
| Ground Beef | $3.49 | $4.22 |
| Fried Chicken | $1.19 | $1.39 |
| Milk | $2.79 | $2.05 |
Detailed Franklin Health Costs Vs. New Hampshire
| Item | Franklin | New Hampshire |
|---|---|---|
| Haircut | $25.03 | $18.62 |
| Beauty Salon | $41.18 | $39.05 |
| Toothpaste | $2.64 | $2.34 |
Detailed Franklin Transportation Costs Vs. New Hampshire
| Item | Franklin | New Hampshire |
|---|---|---|
| Potatoes | $3.41 | $3.29 |
| Pizza | $11.09 | $10.62 |
| Beer | $8.99 | $9.38 |
| Optometrist | $101.89 | $108.57 |
| Doctor | $152.49 | $116.17 |
| Dentist | $121.64 | $99.13 |
Detailed Franklin Utilities Costs Vs. New Hampshire
| Item | Franklin | New Hampshire |
|---|---|---|
| Gasoline | $2.0 | $2.22 |
| Tire Balancing | $51.84 | $50.07 |
| All Electricity | $205.73 | $167.67 |
| Phone | $179.98 | $175.64 |
Franklin SnackAbility
/10
Cost Of Living In Cities Around Franklin
| City | Population | Cost Of Living | Vs. Franklin |
|---|---|---|---|
| Concord, NH | 43,503 | 109 | 1.1x |
| Dover, NH | 31,922 | 113 | 1.1x |
| Laconia, NH | 16,584 | 106 | 1.0x |
| Durham, NH | 12,016 | 121 | 1.2x |
| Exeter, NH | 9,349 | 110 | 1.1x |
| Hanover, NH | 8,744 | 143 | 1.4x |
| South Hooksett, NH | 5,911 | 111 | 1.1x |
| Newmarket, NH | 5,737 | 108 | 1.0x |
