Franklin, NH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Franklin stands at 97, which is 3% lower than the national average of 100. This makes housing, utilities, and transportation more affordable, while groceries and healthcare remain close to the average.
Job seekers considering Franklin will find that their expenses for housing and utilities are about 5% and 2% lower, respectively. Groceries cost slightly more, at 2% above the national average, while healthcare costs are on par. This balance makes Franklin an attractive option for those seeking a more affordable living environment.
Franklin, New Hampshire, offers a cost of living that is slightly lower than the nationwide average. The housing index stands at 95, which means housing costs are 5% less than the national average. This makes housing a more affordable option for those relocating to Franklin. Additionally, the transportation index is 96, indicating that transportation costs are just 4% below the national average. These lower costs can make daily commuting and overall travel more budget-friendly.
In contrast, the grocery index in Franklin is slightly higher, at 102. This means that groceries cost 2% more than the national average. While this might slightly increase monthly expenses, it is still relatively minor. Utilities, at 98, are nearly on par with the national average, differing by just 2%. Healthcare costs remain consistent with the national average, standing at 100. Miscellaneous expenses, at 97, are 3% below the national average, offering some relief in everyday spending. Overall, Franklin provides a balanced cost of living with a few areas slightly above or below the national average.
