Cost of Living: Newnan, GA vs Franklin, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newnan | Franklin |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $363,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1272 |
Housing Comparison: Newnan vs Franklin
- In Newnan, the median home price is higher at $363,000, while in Franklin it is $245,000.
- The rent for a two-bedroom apartment is equal in both Newnan and Franklin 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 | Newnan | Franklin |
|---|---|---|
| Electricity Price | $15.53 | $14.89 |
| Natural Gas Price | $27.53 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newnan vs Franklin
- Electricity costs are higher in Newnan at $15.53 per kWh, compared to $14.89 in Franklin.
- Natural gas price data is currently unavailable.
- Franklin has higher utility expenses, averaging $250, while Newnan averages $200.