New Franklin, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
92
New Franklin's Overall Cost Of Living
0.9x
Lower Than The National Average
168 out of 286
In Ohio
2,059 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 New Franklin is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in New Franklin, OH?

According to the most recent data on the cost of living, New Franklin has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.

Compared to only Ohio, New Franklin has a cost of living index that's 1.0x higher than Ohio's index of 91.

The standard of living in New Franklin ranks as #2,060 most affordable out of the 6,522 places we measured in Ohio. By definition, that implies New Franklin ranks as the #4,346 most expensive place in the Buckeye State.

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

New Franklin Cost Of Living Vs. Ohio

Living Expense New Franklin Ohio National Average
Overall 92 91 100
Services 99 100 100
Groceries 103 98 100
Health 98 96 100
Housing 77 73 100
Transportation 93 102 100
Utilities 94 91 100
For more reading on cost of living around Ohio, check out:
New Franklin Cost of Living Vs. OH

New 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.

$149,200
Median Home Value
$878
Median Rent
$72,866
Median Income
Statistic New Franklin Ohio United States
Median Home Value $149,200 $145,700 $217,500
Median Rent $878 $808 $1,062
Median Income $72,866 $56,602 $62,843
Home Value To Income 2.0x 2.6x 3.5x
Rent To Monthly Income 0.14x 0.17x 0.2x

Detailed New Franklin Services Costs Vs. Ohio

Item New Franklin Ohio
Shampoo $1.0 $1.01
Movie $10.4 $10.72
Bowling $12.0 $13.86

Detailed New Franklin Groceries Costs Vs. Ohio

Item New Franklin Ohio
Ground Beef $5.08 $3.9
Fried Chicken $1.39 $1.4
Milk $1.89 $1.96

Detailed New Franklin Health Costs Vs. Ohio

Item New Franklin Ohio
Haircut $15.0 $17.49
Beauty Salon $34.0 $38.17
Toothpaste $2.99 $2.32

Detailed New Franklin Transportation Costs Vs. Ohio

Item New Franklin Ohio
Potatoes $3.13 $3.18
Pizza $9.99 $10.39
Beer $9.59 $9.23
Optometrist $103.6 $106.34
Doctor $150.84 $115.25
Dentist $91.4 $98.38

Detailed New Franklin Utilities Costs Vs. Ohio

Item New Franklin Ohio
Gasoline $2.53 $2.59
Tire Balancing $42.98 $48.9
All Electricity $153.04 $167.6
Phone $175.88 $163.42

New Franklin SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
7
Affordability
9
Diversity
3
Safety
9
Amenities
7
Education
8.5
Commute
7

Cost Of Living In Cities Around New Franklin

City Population Cost Of Living Vs. New Franklin
Cuyahoga Falls, OH 49,192 90 1.0x
Stow, OH 34,776 96 1.0x
Kent, OH 29,811 92 1.0x
Barberton, OH 26,098 85 0.9x
Green, OH 25,760 96 1.0x
Wadsworth, OH 23,426 95 1.0x
Tallmadge, OH 17,589 93 1.0x
North Canton, OH 17,277 91 1.0x
Norton, OH 12,018 92 1.0x
Fairlawn, OH 7,514 98 1.1x

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