Franklin, NH, has a cost of living index that is slightly below the nationwide average of 100. The overall index for Franklin stands at 97, reflecting lower housing costs at 91. Although groceries are slightly higher at 102, most other categories like utilities and healthcare remain close to the national average. This balanced cost of living makes Franklin a competitive option for those seeking affordability without significant sacrifices in quality of life. Job seekers looking for a reasonable cost of living will find Franklin offers a good balance of expenses relative to the national average.
Franklin, NH, shows a cost of living index that reflects its affordability relative to the nationwide average. Housing costs in Franklin stand at 91, which is 9% lower than the national average of 100. This suggests that housing expenses are more affordable for residents compared to the broader U.S. average. Additionally, groceries in Franklin are priced at 102, just 2% higher than the national average. This minor increase indicates that grocery shopping in Franklin remains quite competitive in terms of cost.
The utilities index in Franklin is 95, which means residents can expect to spend 5% less on utilities compared to the national average. Transportation costs are at 98, showing a slight increase of 2%. Healthcare services in Franklin are priced at 95, matching the national average, indicating a parity in cost for medical services. Miscellaneous expenses in Franklin are exactly at the national average of 100. This overall balanced cost of living makes Franklin an attractive location for those seeking a mix of affordability and quality of life.
