Cost of Living: Saluda, SC vs Franklin, IN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Saluda Franklin
Housing Index 95.0 85.0
Median Home Price $178,000 $245,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1640 $1272

Housing Comparison: Saluda vs Franklin

  • The median home price in Franklin is higher at $245,000, compared to $178,000 in Saluda.
  • Renting a two-bedroom apartment costs more in Saluda at $1,600 than in Franklin at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Saluda Franklin
Electricity Price $14.18 $14.89
Natural Gas Price $23.51 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Saluda vs Franklin

  • Franklin has higher electricity costs at $14.89 per kWh, versus $14.18 in Saluda.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Saluda and Franklin averaging $250.