Cost of Living in New Franklin, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.5
100 = national avg
+22.5 vs national average
Living Wage (1 Adult)
$53,886
per year
Living Wage (Family of 4)
$127,367
per year
Cost Index by Category
Housing118.6
Food117.5
Transportation135.0
Healthcare114.0
Utilities114.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$985
per month
2 Bedroom
$1,268
per month
The overall cost of living index in New Franklin is 122.5, which is 22.5% above the national average. Housing costs are above the national average at an index of 118.6. A single adult needs to earn approximately $53,886 per year to cover basic expenses.