Franklin, OH, stands out with a lower cost of living compared to the nationwide average of 100. Housing costs in Franklin are 25% below the national index, making it more affordable for residents. Additionally, the overall cost of living index in Franklin is 89, which is 11% lower than the national average. This makes Franklin a potentially cost-effective location for job seekers looking for a better value on their expenses.
Franklin, OH, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Franklin are 25% lower than the national average, making it an attractive option for those seeking affordable living arrangements. This significant reduction can translate into substantial savings for residents, especially for those on a tight budget.
In terms of other expenses, Franklin also fares well. Groceries in Franklin are priced at 92, which means they are just 2% below the nationwide average. Utilities follow closely at 95, showing only a 5% difference from the national average. Transportation costs are at 90, which is 10% lower than the average. Healthcare and miscellaneous expenses, at 88 and 85 respectively, are also below the national benchmark, though by smaller margins of 12% and 15%. Overall, Franklin provides a cost-effective living experience with several key expenses well under the national average.
