Cost of Living: The colony, TX vs Franklin, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | Franklin |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $413,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1900 | $1200 |
| Average Rent (2 BR House) | $2000 | $1272 |
Housing Comparison: The colony vs Franklin
- In The colony, the median home price is higher at $413,000, while in Franklin it is $245,000.
- Renting a two-bedroom apartment costs more in The colony at $1,900 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 | The colony | Franklin |
|---|---|---|
| Electricity Price | $14.47 | $14.89 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: The colony vs Franklin
- Franklin has higher electricity costs at $14.89 per kWh, versus $14.47 in The colony.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both The colony and Franklin averaging $250.