Cost of Living: Franklin, IN vs Mc henry, MS

Housing

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

Metric Franklin Mc henry
Housing Index 85.0 Data is updating
Median Home Price $245,000 $175,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1272 $Data is updating

Housing Comparison: Franklin vs Mc henry

  • In Franklin, the median home price is higher at $245,000, while in Mc henry it is $175,000.
  • The rent for a two-bedroom apartment is equal in both Franklin and Mc henry 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 Franklin Mc henry
Electricity Price $14.89 $13.42
Natural Gas Price $Data is updating $22.19
Other Utilities $250 $Data is updating

Utilities Comparison: Franklin vs Mc henry

  • Electricity costs are higher in Franklin at $14.89 per kWh, compared to $13.42 in Mc henry.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Franklin and Mc henry averaging $250.