Alexandria, IN vs Frankton, IN

Alexandria is moderately more affordable than Frankton, with a 10.8% lower cost of living index. Alexandria scores 65 compared to 73 for Frankton, where the US average is 100. This difference means residents of Frankton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alexandria is $813/month compared to $1,000/month in Frankton — a 19% difference. Home values follow the same pattern: Alexandria is more affordable at $92,700 median vs $120,200.

Median household income in Alexandria is $60,616 compared to $64,500 in Frankton (-6%). The higher salaries in Frankton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Alexandria spend roughly 16.1% of their income on rent, less than the 18.6% in Frankton.