Franklin, GA Cost Of Living

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.
Index	Franklin	Georgia	National
Cost of living index	88	93	100
Index	Franklin	Georgia	National
Goods & Services index	95	96	100
Groceries index	96	99	100
Health care index	100	96	100
Housing index	68	86	100
Transportation index	112	96	100
Utilities index	87	97	100

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The cost of living in Franklin is 6% lower than the Georgia average.
The cost of living in Franklin is 12% lower than the national average.
The cost of housing in Franklin is 32% lower than the national average.
Georgia general sales tax is 21% lower than the national average.
Georgia state income tax is 55% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,833	$4,236	$1,186	$1,525
Renters	$14,167	$1,181	$331	$425

Georgia Sales Tax

State	General Sales Tax	With Max Surtax
Georgia	4%	8%

Georgia Income Tax

State	Income Tax (Low)	Income Tax (High)
Georgia	1%	6%

Goods & Services

Item	Franklin	National avg.	Difference
Haircut	$9.85	$16.09	38.7%
Beauty Salon	$40.32	$37.33	8.0%
Toothpaste	$2.62	$2.45	7.0%
Shampoo	$1.67	$1.00	67.2%
Movie	$10.78	$10.28	4.9%
Bowling	$4.12	$4.93	16.5%

Groceries

Item	Franklin	National avg.	Difference
Ground Beef	$3.70	$3.80	2.6%
Fried Chicken	$1.27	$1.40	9.2%
Milk	$2.03	$2.01	1.0%
Potatoes	$2.87	$3.01	4.6%
Pizza	$8.66	$9.89	12.4%
Beer	$8.35	$8.90	6.2%

Health Care

Item	Franklin	National avg.	Difference
Optometrist	$75.39	$102.16	26.2%
Doctor	$139.84	$108.36	29.1%
Dentist	$78.43	$92.53	15.2%
Ibuprofen	$9.00	$9.28	3.0%
Lipitor	$404.39	$425.82	5.0%

Housing

Item	Franklin	National avg.	Difference
Home Price	$141,700.00	$184,700.00	23.3%
Avg. Mortgage Payment	$831.40	$1,202.44	30.9%
Apartment Rent	$444.00	$949.00	53.2%

Transportation

Item	Franklin	National avg.	Difference
Gasoline	$2.19	$2.24	2.5%
Tire Balancing	$66.19	$46.29	43.0%

Utilities

Item	Franklin	National avg.	Difference
All Electricity	$145.53	$165.96	12.3%
Phone	$25.14	$28.68	12.4%

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, State	Population	Cost of Living Index	National Avg.
Standing Rock, AL	71	97	-3%
Graham, AL	232	97	-3%
Rock Mills, AL	558	77	-23%
Whitesburg, GA	609	83	-17%
Centralhatchee, GA	468	85	-15%
Franklin, GA	970	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Kidron, OH	970	91	-9%
Inverness, MS	970	81	-19%
Mountain City, GA	970	83	-17%
Lake Waynoka, OH	970	112	12%
Mannsville, OK	969	80	-20%
Franklin, GA	970	88	-12%

Source: The Franklin, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Franklin, GA Cost of Living