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Charenton, LA vs Franklinton, LA

70
Charenton
Louisiana
VS
-8.3%
76
Franklinton
Louisiana

Charenton is moderately more affordable than Franklinton, with a 8.3% lower cost of living index. Charenton scores 70 compared to 76 for Franklinton, where the US average is 100. This difference means residents of Franklinton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Charenton is $938/month compared to $930/month in Franklinton — a 1% difference. Interestingly, home values tell a different story: while Franklinton has cheaper rent, Charenton actually has lower median home values ($125,000 vs $187,500).

Median household income in Charenton is $55,781 compared to $32,339 in Franklinton (+72.5%). Charenton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Charenton spend roughly 20.2% of their income on rent, less than the 34.5% in Franklinton. The Charenton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Charenton
70
8% cheaper
Franklinton
76
Median Household Income
Charenton
$55,781
42% higher
Franklinton
$32,339

Housing

Median Rent
Charenton
$938
Franklinton
$930
1% cheaper
Median Home Value
Charenton
$125,000
33% cheaper
Franklinton
$187,500
Population
Charenton
1,295
Franklinton
3,615

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Charenton
Franklinton $2.85
US $3.07
🥚
Eggs (grade A, large)
Charenton
Franklinton $2.33
US $2.50
🥛
Milk (whole)
Charenton
Franklinton $3.74
US $4.03
🍞
Bread (white)
Charenton
Franklinton $1.72
US $1.85
🍗
Chicken breast
Charenton
Franklinton $3.85
US $4.14
Electricity
Charenton
Franklinton $0.15
US $0.19