Cost of Living in Franklin, NH

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

Cost of Living Overview

Overall Index

118.1

100 = national avg

+18.1 vs national average

Living Wage (1 Adult)

$51,945

per year

Living Wage (Family of 4)

$122,779

per year

Cost Index by Category

Housing
133.8
Food
103.4
Transportation
123.5
Healthcare
102.7
Utilities
108.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,504

per month

2 Bedroom

$1,974

per month

The overall cost of living index in Franklin is 118.1, which is 18.1% above the national average. Housing costs are above the national average at an index of 133.8. A single adult needs to earn approximately $51,945 per year to cover basic expenses.