Farmington, NH vs Franklin, NH
Farmington is moderately more affordable than Franklin, with a 6% lower cost of living index. Farmington scores 85 compared to 91 for Franklin, where the US average is 100. This difference means residents of Franklin can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Farmington is $957/month compared to $1,088/month in Franklin — a 12% difference. Home values follow the same pattern: Farmington is more affordable at $215,100 median vs $243,800.
Median household income in Farmington is $51,094 compared to $69,870 in Franklin (-26.9%). 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 Farmington spend roughly 22.5% of their income on rent, more than the 18.7% in Franklin.
Climate-wise, both cities share similar average temperatures (47.7°F vs 47.2°F). Franklin receives more rainfall at 42" per year compared to 41.2" in Farmington.
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