Cost of Living: Franklin, TX vs Cedar falls, IA

Housing

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

Metric Franklin Cedar falls
Housing Index 90.0 85.0
Median Home Price $212,000 $221,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1200 $1300

Housing Comparison: Franklin vs Cedar falls

  • The median home price in Cedar falls is higher at $221,000, compared to $212,000 in Franklin.
  • The rent for a two-bedroom apartment is equal in both Franklin and Cedar falls 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 Cedar falls
Electricity Price $14.47 $14.82
Natural Gas Price $26.29 $15.61
Other Utilities $200 $150

Utilities Comparison: Franklin vs Cedar falls

  • Cedar falls has higher electricity costs at $14.82 per kWh, versus $14.47 in Franklin.
  • Natural gas is more expensive in Franklin at $26.29 per unit, while it is cheaper at $15.61 in Cedar falls.
  • Other utility costs are higher in Franklin at an average of $200, compared to Cedar falls with $150.