Cost of Living: Franklin, IN vs Erie, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Erie |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $245,000 | $152,500 |
| Average Rent (2 BR Apartment) | $1200 | $900 |
| Average Rent (2 BR House) | $1272 | $960 |
Housing Comparison: Franklin vs Erie
- In Franklin, the median home price is higher at $245,000, while in Erie it is $152,500.
- In Erie, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Franklin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Franklin | Erie |
|---|---|---|
| Electricity Price | $14.89 | $17.68 |
| Natural Gas Price | $Data is updating | $17.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Franklin vs Erie
- Erie has higher electricity costs at $17.68 per kWh, versus $14.89 in Franklin.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Franklin and Erie averaging $250.