Cost of Living in Franklin, ID

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A+
3%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
14%
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 Idaho National
Cost of living9798100
Groceries100102100
Health care99101100
Housing8690100
Transportation101103100
Utilities99101100
Lifestyle & Entertainment104105100
Household Items103101100
Education & Childcare107101100
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Homes For Sale In Franklin, ID

property for sale

3201 Cherryville Ln #3

Franklin, ID
property for sale

380 N 450 E

Preston, ID
property for sale

623 S Lakeside Dr

Franklin, ID
property for sale

582 S Lakeside Dr

Franklin, ID
See the Newest Homes For Sale In Franklin, ID

Cost Of Living Quick Facts

  • The cost of living in Franklin is 2% lower than the Idaho average
  • The cost of living in Franklin is 3% lower than the national average
  • Franklin housing is 14% lower than the national average
  • Idaho general sales tax is 18% higher than the national average
  • Idaho state income tax is 123% higher than the national average

Most Affordable Places to Live in and Around Franklin

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Compare Franklin, ID Cost of Living

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      Salary Calculator

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      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$76,953$6,413$1,795$2,309
      Renters$49,876$4,156$1,164$1,496

      Idaho Sales Tax

      State General Sales Tax With Max Surtax
      Idaho 6% 8.5%

      Idaho Income Tax

      State Income Tax (Low) Income Tax (High)
      Idaho 5.8% 5.8%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cache, UT1231011.3%
      Dayton, ID565981.9%
      Cornish, UT2171000.0%
      Preston, ID5,5871000.2%
      Trenton, UT5691011.2%
      Franklin, ID727973.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Traver, CA7271077.5%
      Bradley Junction, FL7278812.2%
      Elsah, IL7271022.1%
      Medaryville, IN7278020.0%
      Westmoreland, KS7278713.4%
      Franklin, ID727973.1%
      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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