Cost of Living in Franklin, GA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.9
100 = national avg
-27.1 vs national average
Living Wage (1 Adult)
$32,088
per year
Living Wage (Family of 4)
$75,845
per year
Cost Index by Category
Housing98.1
Food70.4
Transportation40.8
Healthcare76.3
Utilities81.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,660
per month
2 Bedroom
$1,820
per month
The overall cost of living index in Franklin is 72.9, which is 27.1% below the national average. Housing costs are below the national average at an index of 98.1. A single adult needs to earn approximately $32,088 per year to cover basic expenses.