Cost of Living in Franklin, PA

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

Cost of Living Overview

Overall Index

69.4

100 = national avg

-30.6 vs national average

Living Wage (1 Adult)

$30,524

per year

Living Wage (Family of 4)

$72,148

per year

Cost Index by Category

Housing
62.8
Food
80.3
Transportation
65.3
Healthcare
84.2
Utilities
80.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$846

per month

2 Bedroom

$1,035

per month

The overall cost of living index in Franklin is 69.4, which is 30.6% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $30,524 per year to cover basic expenses.