Cost of Living: Franklin, TX vs Erskine, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Erskine |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $212,000 | $136,070 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Franklin vs Erskine
- In Franklin, the median home price is higher at $212,000, while in Erskine it is $136,070.
- The rent for a two-bedroom apartment is equal in both Franklin and Erskine 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 | Erskine |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Franklin vs Erskine
- Erskine has higher electricity costs at $16.38 per kWh, versus $14.47 in Franklin.
- Natural gas is more expensive in Franklin at $26.29 per unit, while it is cheaper at $14.87 in Erskine.
- Utility expenses are equal in both Franklin and Erskine averaging $200.