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Farragut, IA vs Franklin, IA

58
Farragut
Iowa
VS
-28.8%
81
Franklin
Iowa

There is a significant gap in the cost of living between these two cities. Farragut is 28.8% cheaper than Franklin. With a cost index of 58 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farragut to Franklin should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Farragut are $102,900 compared to $116,500 in Franklin, a 12% gap.

Median household income in Farragut is $65,938 compared to $47,500 in Franklin (+38.8%). Farragut offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Farragut
58
29% cheaper
Franklin
81
Median Household Income
Farragut
$65,938
28% higher
Franklin
$47,500

Housing

Median Rent
Farragut
$584
Franklin
Median Home Value
Farragut
$102,900
12% cheaper
Franklin
$116,500
Population
Farragut
397
Franklin
135

Salary Equivalency Calculator

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