Cost of Living: Franklin, IN vs Picayune, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Picayune |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $245,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1272 | $1300 |
Housing Comparison: Franklin vs Picayune
- In Franklin, the median home price is higher at $245,000, while in Picayune it is $158,000.
- The rent for a two-bedroom apartment is equal in both Franklin and Picayune 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 | Picayune |
|---|---|---|
| Electricity Price | $14.89 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Franklin vs Picayune
- Electricity costs are higher in Franklin at $14.89 per kWh, compared to $13.42 in Picayune.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Franklin at an average of $250, compared to Picayune with $200.