Franklin, NH, has a cost of living index that is generally lower than the nationwide average. Specifically, the overall index stands at 98, which is 2% below the national average of 100. Housing costs contribute the most to this lower index, sitting at 95, or 5% below average. Groceries, at 102, are slightly above average by 2%. The other categories, like utilities, transportation, healthcare, and miscellaneous, hover around the national average, each within 1% of 100.
Franklin, New Hampshire, presents a cost of living that is relatively close to the nationwide average. The overall cost of living index in Franklin is 99, which is very close to the national benchmark of 100. This means that job seekers can expect their expenses to be almost the same as what they would pay in the rest of the country.
Housing in Franklin stands at 95, slightly lower than the average. This suggests that housing costs are more affordable compared to the national average. Groceries, however, slightly exceed the average, with an index of 102. This indicates that grocery bills in Franklin are a bit higher than the nationwide average. Utilities in Franklin match the national average, with an index of 100, offering no change in expense. Transportation costs are at 97, marginally below the average, making it cheaper to get around. Healthcare costs are slightly above the average, with an index of 105, meaning healthcare expenses are somewhat higher. Miscellaneous expenses also align with the national average at 99, suggesting little variation in this category.