Franklin, OH Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
88
Franklin's Overall Cost Of Living
0.9x
Lower Than The National Average
102 out of 286
In Ohio
1,324 out of 6,399
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 88 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 91.

The standard of living in Franklin ranks as #1,324 most affordable out of the 6,522 places we measured in Ohio. By definition, that implies Franklin ranks as the #5,083 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 88 91 100
Services 103 100 100
Groceries 94 98 100
Health 85 96 100
Housing 64 73 100
Transportation 104 102 100
Utilities 91 91 100
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.

$112,100
Median Home Value
$788
Median Rent
$51,337
Median Income
Statistic Franklin Ohio United States
Median Home Value $112,100 $145,700 $217,500
Median Rent $788 $808 $1,062
Median Income $51,337 $56,602 $62,843
Home Value To Income 2.2x 2.6x 3.5x
Rent To Monthly Income 0.18x 0.17x 0.2x

Detailed Franklin Services Costs Vs. Ohio

Item Franklin Ohio
Shampoo $0.91 $1.01
Movie $14.83 $10.72
Bowling $15.0 $13.86

Detailed Franklin Groceries Costs Vs. Ohio

Item Franklin Ohio
Ground Beef $3.7 $3.9
Fried Chicken $1.57 $1.4
Milk $1.38 $1.96

Detailed Franklin Health Costs Vs. Ohio

Item Franklin Ohio
Haircut $18.0 $17.49
Beauty Salon $34.9 $38.17
Toothpaste $2.49 $2.32

Detailed Franklin Transportation Costs Vs. Ohio

Item Franklin Ohio
Potatoes $3.79 $3.18
Pizza $10.99 $10.39
Beer $8.99 $9.23
Optometrist $94.67 $106.34
Doctor $79.0 $115.25
Dentist $89.25 $98.38

Detailed Franklin Utilities Costs Vs. Ohio

Item Franklin Ohio
Gasoline $2.78 $2.59
Tire Balancing $50.32 $48.9
All Electricity $144.86 $167.6
Phone $177.0 $163.42

Franklin SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
6
Affordability
8.5
Diversity
5
Safety
4
Amenities
8
Education
5
Commute
8.5

Cost Of Living In Cities Around Franklin

City Population Cost Of Living Vs. Franklin
Kettering, OH 55,390 91 1.0x
Middletown, OH 48,621 87 1.0x
Beavercreek, OH 46,942 100 1.1x
Mason, OH 33,224 106 1.2x
Centerville, OH 23,796 98 1.1x
Miamisburg, OH 19,993 91 1.0x
Springboro, OH 18,196 102 1.2x
Monroe, OH 14,211 97 1.1x
Loveland, OH 13,485 97 1.1x
West Carrollton, OH 12,913 87 1.0x

Articles About Ohio

Enjoy The Snack?