Cost of Living in Franklinton, LA

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

Cost of Living Overview

Overall Index

77.2

100 = national avg

-22.8 vs national average

Living Wage (1 Adult)

$33,989

per year

Living Wage (Family of 4)

$80,336

per year

Cost Index by Category

Housing
99.3
Food
74.7
Transportation
49.4
Healthcare
79.8
Utilities
84.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$761

per month

2 Bedroom

$834

per month

The overall cost of living index in Franklinton is 77.2, which is 22.8% below the national average. Housing costs are below the national average at an index of 99.3. A single adult needs to earn approximately $33,989 per year to cover basic expenses.