Devine, TX vs Franklin, TX
Devine, TX and Franklin, TX have a very similar cost of living, with only a 4.9% difference in their overall index. Devine scores 67 while Franklin scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Devine is $714/month compared to $795/month in Franklin — a 10% difference. Home values follow the same pattern: Devine is more affordable at $145,600 median vs $171,000.
Median household income in Devine is $45,703 compared to $54,688 in Franklin (-16.4%). While Franklin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Devine spend roughly 18.7% of their income on rent, more than the 17.4% in Franklin.
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