Cost of Living in Franklin Town, MA

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

Cost of Living Overview

Overall Index

206.9

100 = national avg

+106.9 vs national average

Living Wage (1 Adult)

$91,025

per year

Living Wage (Family of 4)

$215,150

per year

Cost Index by Category

Housing
246.6
Food
159.1
Transportation
218.3
Healthcare
147.3
Utilities
164.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,761

per month

2 Bedroom

$2,311

per month

The overall cost of living index in Franklin Town is 206.9, which is 106.9% above the national average. Housing costs are above the national average at an index of 246.6. A single adult needs to earn approximately $91,025 per year to cover basic expenses.