What is the cost of living in Franklin, PA?
According to the most recent data on the cost of living, Franklin has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Pennsylvania, Franklin has a cost of living index that's 0.9x lower than Pennsylvania's index of 97.
The standard of living in Franklin ranks as #11 most affordable out of the 253 places we measured in Pennsylvania. By definition, that implies Franklin ranks as the #242 most expensive place in the Keystone State.
For more reading on life in Franklin, check out:
Franklin Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Franklin. Here is how it fares on each of the criteria:
The Services index in Franklin is 97.
The Groceries index in Franklin is 96.
The Health index in Franklin is 55.
The Housing index in Franklin is 95.
The Transportation index in Franklin is 96.
The Utilities index in Franklin is 98.
| Living Expense | Franklin | Pennsylvania | National Average |
|---|---|---|---|
| Overall | 83 | 97 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 96 | 100 | 100 |
| Health | 55 | 88 | 100 |
| Housing | 95 | 102 | 100 |
| Transportation | 96 | 100 | 100 |
| Utilities | 98 | 101 | 100 |
Franklin Cost Of Living Compared To Pennsylvania Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Pennsylvania, check out:
- Most Expensive Cities In Pennsylvania
- Most Affordable Cities In Pennsylvania
- Average Rent In Pennsylvania
Source: Cost-of-living index 2026, normalized to US average = 100
Franklin, PA Housing Cost Breakdown
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Franklin is $126,691.
The Median Rent in Franklin is $731.
The Median Income in Franklin is $47,117.
The Home Value To Income in Franklin is 2.7x.
The Rent To Monthly Income in Franklin is 0.19x.
| Statistic | Franklin | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $126,691 | $282,735 | $332,700 |
| Median Rent | $731 | $1,209 | $1,413 |
| Median Income | $47,117 | $77,971 | $80,734 |
| Home Value To Income | 2.7x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.21x |
Franklin, PA Costs By Category
Detailed Franklin Services costs vs. Pennsylvania
| Item | Franklin | Pennsylvania |
|---|---|---|
| Shampoo | $1.42 | $1.28 |
| Movie | $10.18 | $12.13 |
| Bowling | $12.76 | $18 |
| Haircut | $20.02 | $24.26 |
| Beauty Salon | $45.08 | $45.56 |
Detailed Franklin Groceries costs vs. Pennsylvania
| Item | Franklin | Pennsylvania |
|---|---|---|
| Ground Beef | $5.35 | $5.84 |
| Fried Chicken | $1.33 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $9.45 | $12.09 |
| Beer | $8.99 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Franklin Health costs vs. Pennsylvania
| Item | Franklin | Pennsylvania |
|---|---|---|
| Optometrist | $99.22 | $125.68 |
| Doctor | $124.54 | $135.78 |
| Dentist | $103.83 | $113.29 |
Detailed Franklin Transportation costs vs. Pennsylvania
| Item | Franklin | Pennsylvania |
|---|---|---|
| Gasoline | $3.68 | $3.46 |
| Tire Balancing | $79.53 | $59.92 |
Detailed Franklin Utilities costs vs. Pennsylvania
| Item | Franklin | Pennsylvania |
|---|---|---|
| All Electricity | $218.99 | $193.99 |
| Phone | $196.0 | $192.25 |
