Cost of Living in Franklin, GA
Housing
The housing market plays a significant role in determining the cost of living in Franklin, GA.
- Housing Index: Data is updating
- Median Home Price is: $228500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the housing market in Franklin, GA, we notice the median home price is 228500, indicating that homeowners can find relatively affordable options compared to larger metropolitan areas. However, the housing index, alongside the average rent for 2-bedroom apartments and houses, remains at 0, suggesting a lack of available data or perhaps a very low rental market. This could mean opportunities for purchasing a home, given the competitive market dynamics elsewhere. However, potential buyers should conduct further research to understand factors like job growth and community amenities that could affect long-term living satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Franklin, GA.
- Electricity Price: $15.53 USD (median by state)
- Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Franklin, GA could entail higher utility costs. Electricity costs sit at $15.53, while natural gas is priced at $27.53 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Franklin is a financially viable option for your relocation.