Bedford, VA vs Franklin Farm, VA

The cost of living difference between Bedford, VA and Franklin Farm, VA is dramatic. Bedford is 60.3% cheaper than Franklin Farm, a gap that translates to thousands of dollars per year in household expenses. Bedford has a cost index of 74 while Franklin Farm sits at 187, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Bedford is $876/month compared to $2,697/month in Franklin Farm — a 68% difference. Home values follow the same pattern: Bedford is more affordable at $192,600 median vs $810,600.

Median household income in Bedford is $47,697 compared to $210,169 in Franklin Farm (-77.3%). While Franklin Farm is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 22% of their income on rent, more than the 15.4% in Franklin Farm.