Franklin, OH, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Franklin is 92, which is 8% below the national average of 100. This makes housing, utilities, and miscellaneous expenses more affordable, while groceries, transportation, and healthcare costs are close to the national average.
Job seekers will find that Franklin provides a balanced living environment with lower housing costs, making it an attractive option for those looking to manage their expenses effectively.
Franklin, OH, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 85, which is 15% below the average of 100. This means that housing costs in Franklin are more affordable, making it easier for residents to manage their budgets. Additionally, groceries in Franklin are priced at 95, which is 5% below the average. This slight decrease can help families save on their monthly food expenses.
Utilities in Franklin are priced at 90, which is 10% below the average. This reduction in utility costs can contribute to lower overall living expenses. Transportation costs are slightly higher, with an index of 98, which is 2% above the average. However, healthcare costs in Franklin are at 92, which is 8% below the average, offering potential savings for residents. Miscellaneous expenses are at 93, which is 7% below the average, providing further opportunities for cost savings. Overall, Franklin offers a cost of living that is generally favorable compared to the national average.
