Franklin, New Hampshire, offers a cost of living index that is slightly below the nationwide average of 100. With housing at 95%, groceries at 105%, and utilities at 110%, the overall cost of living here reflects a modest balance. Transportation also stands at 95%, while healthcare and miscellaneous expenses are at or near the national average. This data indicates that residents of Franklin may find some living expenses slightly cheaper compared to the national standard.
The cost of living index in Franklin, NH, provides an insightful comparison to the nationwide average, which is set at 100. In terms of housing, Franklin shows a slightly lower cost, with an index of 95. This means that housing expenses in Franklin are about 5% lower than the average American city. Similarly, transportation costs in Franklin stand at 95, aligning closely with the national average.
On the other hand, groceries and utilities in Franklin are slightly higher. The grocery index is at 105, indicating a 5% increase in costs compared to the nationwide average. Utilities in Franklin also exceed the national average, with an index of 110, suggesting a 10% higher expense. Healthcare costs remain consistent with the national average at 100, providing no additional cost burden for residents. Miscellaneous expenses in Franklin also slightly exceed the average, with an index of 98, indicating a minor 2% increase. This data suggests that while some costs in Franklin are lower, others are slightly higher than the national average.
