Franklin Square, NY, has a higher cost of living compared to the nationwide average. The overall cost of living index in Franklin Square is 118, which is 18% higher than the national average of 100. Housing costs are particularly elevated, with an index of 137, indicating a 37% increase over the average. This suggests that job seekers should consider these higher expenses when planning their relocation.
Franklin Square, NY, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Franklin Square are 37% higher than the national average, with an index of 137. This means that expenses related to renting or purchasing a home are significantly greater for residents of Franklin Square.
Other areas also show higher costs. Groceries cost 11% more, with an index of 111. Utilities are 4% higher at 104, while transportation costs are 18% above the average, indexed at 118. Healthcare costs are 9% higher, with an index of 109. Miscellaneous expenses are 15% greater, indexed at 115. These figures indicate that living in Franklin Square involves higher expenses across various categories compared to the national average.
