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Broadway, NC vs Franklin, NC

80
Broadway
North Carolina
VS
+13.2%
71
Franklin
North Carolina

Franklin is moderately more affordable than Broadway, with a 13.2% lower cost of living index. Broadway scores 80 compared to 71 for Franklin, where the US average is 100. This difference means residents of Broadway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Broadway is $924/month compared to $738/month in Franklin — a 25% difference. Home values follow the same pattern: Franklin is more affordable at $190,600 median vs $236,100.

Median household income in Broadway is $62,679 compared to $43,991 in Franklin (+42.5%). While Broadway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broadway spend roughly 17.7% of their income on rent, less than the 20.1% in Franklin.

Income & Cost

Cost of Living Index
Broadway
80
Franklin
71
12% cheaper
Median Household Income
Broadway
$62,679
30% higher
Franklin
$43,991

Housing

Median Rent
Broadway
$924
Franklin
$738
20% cheaper
Median Home Value
Broadway
$236,100
Franklin
$190,600
19% cheaper
Population
Broadway
1,429
Franklin
4,221

Salary Equivalency Calculator

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