Cost of Living in Franklin Center, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
227.4
100 = national avg
+127.4 vs national average
Living Wage (1 Adult)
$100,070
per year
Living Wage (Family of 4)
$236,530
per year
Cost Index by Category
Housing309.8
Food156.0
Transportation211.9
Healthcare144.8
Utilities175.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Franklin Center is 227.4, which is 127.4% above the national average. Housing costs are above the national average at an index of 309.8. A single adult needs to earn approximately $100,070 per year to cover basic expenses.