Cost of Living in Franklin Park, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

84.2

100 = national avg

-15.8 vs national average

Living Wage (1 Adult)

$37,066

per year

Living Wage (Family of 4)

$87,611

per year

Cost Index by Category

Housing
114.5
Food
76.3
Transportation
52.6
Healthcare
81.0
Utilities
88.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,900

per month

2 Bedroom

$2,333

per month

The overall cost of living index in Franklin Park is 84.2, which is 15.8% below the national average. Housing costs are above the national average at an index of 114.5. A single adult needs to earn approximately $37,066 per year to cover basic expenses.