Cost of Living in Franklin, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.1
100 = national avg
+12.1 vs national average
Living Wage (1 Adult)
$49,310
per year
Living Wage (Family of 4)
$116,551
per year
Cost Index by Category
Housing149.4
Food93.0
Transportation86.0
Healthcare94.4
Utilities105.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,213
per month
2 Bedroom
$1,503
per month
The overall cost of living index in Franklin is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 149.4. A single adult needs to earn approximately $49,310 per year to cover basic expenses.