Franklin, NH, showcases a cost of living index that is slightly below the nationwide average. The overall cost of living in Franklin stands at 95, which means it is 5% lower than the national benchmark of 100. This moderate difference can be beneficial for job seekers looking to maintain a balanced budget.
Specifically, Franklin's housing index at 90 presents a notable 10% savings compared to the average. Groceries, utilities, transportation, healthcare, and miscellaneous costs also contribute to this overall lower cost of living, making Franklin a potentially attractive option for those seeking affordability without sacrificing quality.
Franklin, New Hampshire, presents an appealing cost of living compared to the national average, which is set at 100. Housing in Franklin is notably 10% lower than the national average, with an index of 90. This reduction can make housing expenses more manageable for residents and job seekers considering the area. Similarly, the grocery index of 95 indicates that food costs are 5% below the national average, offering some relief for household budgets.
Utilities in Franklin, however, stand at 105, which is 5% higher than the national average. This suggests that utility expenses might be slightly more costly for residents here. Transportation costs are also slightly lower, at 92, which is 8% below the national average. Healthcare costs in Franklin match the national average, with an index of 100, offering no significant difference in this category. Overall, miscellaneous expenses are just 2% below the national average, with an index of 98. This mix of relatively lower costs in key areas can make Franklin an attractive option for many looking to balance cost of living with quality of life.
