Cost of Living: Franklin, GA vs Carmel, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Carmel |
|---|---|---|
| Housing Index | Data is updating | 120.5 |
| Median Home Price | $228,500 | $396,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1830 |
Housing Comparison: Franklin vs Carmel
- The median home price in Carmel is higher at $396,000, compared to $228,500 in Franklin.
- The rent for a two-bedroom apartment is equal in both Franklin and Carmel at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Franklin | Carmel |
|---|---|---|
| Electricity Price | $15.53 | $14.89 |
| Natural Gas Price | $27.53 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Franklin vs Carmel
- Electricity costs are higher in Franklin at $15.53 per kWh, compared to $14.89 in Carmel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Franklin and Carmel averaging $0.0.