Franklin cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFranklinArizonaNational
Cost of living index8997100
IndexFranklinArizonaNational
Goods & Services index9297100
Groceries index102100100
Health care index95100100
Housing index7194100
Transportation index100102100
Utilities index10298100

Did you know?

  • The cost of living in Franklin is 9% lower than the Arizona average.
  • The cost of living in Franklin is 11% lower than the national average.
  • The cost of housing in Franklin is 29% lower than the national average.
  • Arizona general sales tax is 10% higher than the national average.
  • Arizona state income tax is 16% higher than the national average.

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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$22,500$1,875$525$675
Renters$0$0$0$0

Arizona Sales Tax

StateGeneral Sales TaxWith Max Surtax
Arizona5.6%10.725%

Arizona Income Tax

StateIncome Tax (Low)Income Tax (High)
Arizona2.59%4.54%

Goods & Services

ItemFranklinNational avg.Difference
Haircut $11.28$15.5627.6%
Beauty Salon $29.23$36.1119.0%
Toothpaste $2.08$2.4716.0%
Shampoo $0.84$0.9613.0%
Movie $8.00$10.1321.0%
Bowling $3.60$4.7424.0%

Groceries

ItemFranklinNational avg.Difference
Ground Beef $3.74$3.986.0%
Fried Chicken $1.43$1.411.6%
Milk $1.61$2.0622.0%
Potatoes $2.95$2.981.0%
Pizza $9.55$9.470.8%
Beer $8.72$8.790.9%

Health Care

ItemFranklinNational avg.Difference
Optometrist $87.63$101.0413.3%
Doctor $93.04$107.4413.4%
Dentist $86.29$90.424.6%
Ibuprofen $9.44$9.281.8%
Lipitor $437.31$426.502.5%

Housing

ItemFranklinNational avg.Difference
Home Price $125,000.00$175,700.0028.9%
Avg. Mortgage Payment $1,070.43$1,133.235.5%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemFranklinNational avg.Difference
Gasoline $2.06$1.993.5%
Tire Balancing $42.25$45.767.7%

Utilities

ItemFranklinNational avg.Difference
All Electricity$178.73$163.819.1%
Phone $26.63$28.396.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Duncan, AZ65583-17%
Virden, NM12885-15%
Franklin, AZ4589-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bucks, AL451000%
Athelstan, IA4593-7%
Datto, AR4567-33%
Mahaska, KS4571-29%
Llano del Medio, NM4579-21%
Franklin, AZ4589-11%
Source: The Franklin, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.