Cost of Living in Franklin borough, PA

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25%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
68%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Franklin borough Pennsylvania National
Cost of living7597100
Groceries97100100
Health care9599100
Housing3290100
Transportation94101100
Utilities9599100
Lifestyle & Entertainment97100100
Household Items9499100
Education & Childcare86101100
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Cost Of Living Quick Facts

  • The cost of living in Franklin borough is 22% lower than the Pennsylvania average
  • The cost of living in Franklin borough is 25% lower than the national average
  • Franklin borough housing is 68% lower than the national average
  • Pennsylvania general sales tax is 18% higher than the national average
  • Pennsylvania state income tax is 18% higher than the national average

Most Affordable Places to Live in and Around Franklin borough

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Compare Franklin borough, PA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$59,509$4,959$1,388$1,785
      Renters$14,037$1,170$328$421
      A good way to judge both the affordability of the housing and the cost of living in Franklin borough is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Franklin borough has a median income of about $59,509 for people who own homes. Based on that number, a maximum of $1,388 should be spent on expenses related to housing. Renters have a slightly different median income, which is $14,037. Based on this average, renters should spend no more than $328 on all rental costs if they want to maintain a non-impoverished standard of living.

      Pennsylvania Sales Tax

      State General Sales Tax With Max Surtax
      Pennsylvania 6% 8%

      Pennsylvania Income Tax

      State Income Tax (Low) Income Tax (High)
      Pennsylvania 3.07% 3.07%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hannasville, PA156991.2%
      Rouseville, PA4538119.2%
      Oil City, PA10,0338218.3%
      Clintonville, PA5557920.7%
      Utica, PA1187920.5%
      Franklin borough, PA2497524.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hickory Ridge, AR2497624.5%
      East Globe, AZ2498217.8%
      Lanare, CA24911615.6%
      Larkspur, CO249982.0%
      Yeehaw Junction, FL2491076.7%
      Franklin borough, PA2497524.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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