Cost of Living: Franklin, TX vs Trenton, NJ

Housing

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

Metric Franklin Trenton
Housing Index 90.0 110.0
Median Home Price $212,000 $271,000
Average Rent (2 BR Apartment) $1200 $2000
Average Rent (2 BR House) $1200 $2240

Housing Comparison: Franklin vs Trenton

  • The median home price in Trenton is higher at $271,000, compared to $212,000 in Franklin.
  • In Trenton, the rental for a two-bedroom apartment stands at $2,000, 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 Trenton
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $14.01
Other Utilities $200 $250

Utilities Comparison: Franklin vs Trenton

  • Trenton has higher electricity costs at $19.88 per kWh, versus $14.47 in Franklin.
  • Natural gas is more expensive in Franklin at $26.29 per unit, while it is cheaper at $14.01 in Trenton.
  • Trenton has higher utility expenses, averaging $250, while Franklin averages $200.