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Buffalo Gap, TX vs Franklin, TX

78
Buffalo Gap
Texas
VS
+11.6%
70
Franklin
Texas

Franklin is moderately more affordable than Buffalo Gap, with a 11.6% lower cost of living index. Buffalo Gap scores 78 compared to 70 for Franklin, where the US average is 100. This difference means residents of Buffalo Gap can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Buffalo Gap is $1,055/month compared to $795/month in Franklin — a 33% difference. Home values follow the same pattern: Franklin is more affordable at $171,000 median vs $178,100.

Median household income in Buffalo Gap is $63,750 compared to $54,688 in Franklin (+16.6%). While Buffalo Gap is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buffalo Gap spend roughly 19.9% of their income on rent, more than the 17.4% in Franklin.

Income & Cost

Cost of Living Index
Buffalo Gap
78
Franklin
70
10% cheaper
Median Household Income
Buffalo Gap
$63,750
14% higher
Franklin
$54,688

Housing

Median Rent
Buffalo Gap
$1,055
Franklin
$795
25% cheaper
Median Home Value
Buffalo Gap
$178,100
Franklin
$171,000
4% cheaper
Population
Buffalo Gap
508
Franklin
1,498

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buffalo Gap $2.85
Franklin $2.85
US $3.07
🥚
Eggs (grade A, large)
Buffalo Gap $2.32
Franklin $2.32
US $2.50
🥛
Milk (whole)
Buffalo Gap $3.74
Franklin $3.74
US $4.03
🍞
Bread (white)
Buffalo Gap $1.72
Franklin $1.72
US $1.85
🍗
Chicken breast
Buffalo Gap $3.85
Franklin $3.85
US $4.14
Electricity
Buffalo Gap $0.17
Franklin $0.17
US $0.19