Cost of Living in Franklin Farm, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
265.7
100 = national avg
+165.7 vs national average
Living Wage (1 Adult)
$116,925
per year
Living Wage (Family of 4)
$276,367
per year
Cost Index by Category
Housing347.2
Food200.0
Transportation181.2
Healthcare188.5
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Franklin Farm is 265.7, which is 165.7% above the national average. Housing costs are above the national average at an index of 347.2. A single adult needs to earn approximately $116,925 per year to cover basic expenses.