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Franklin, GA vs Reed Creek, GA

80
Franklin
Georgia
VS
-21.1%
102
Reed Creek
Georgia

There is a significant gap in the cost of living between these two cities. Franklin is 21.1% cheaper than Reed Creek. With a cost index of 80 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Reed Creek should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin is $537/month compared to $1,560/month in Reed Creek — a 66% difference. Interestingly, home values tell a different story: while Franklin has cheaper rent, Reed Creek actually has lower median home values ($258,800 vs $353,100).

Median household income in Franklin is $26,667 compared to $74,490 in Reed Creek (-64.2%). While Reed Creek is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Franklin spend roughly 24.2% of their income on rent, less than the 25.1% in Reed Creek.

Income & Cost

Cost of Living Index
Franklin
80
21% cheaper
Reed Creek
102
Median Household Income
Franklin
$26,667
Reed Creek
$74,490
64% higher

Housing

Median Rent
Franklin
$537
66% cheaper
Reed Creek
$1,560
Median Home Value
Franklin
$353,100
Reed Creek
$258,800
27% cheaper
Population
Franklin
968
Reed Creek
2,672

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin $3.02
Reed Creek
US $3.07
🥚
Eggs (grade A, large)
Franklin $2.46
Reed Creek
US $2.50
🥛
Milk (whole)
Franklin $3.97
Reed Creek
US $4.03
🍞
Bread (white)
Franklin $1.82
Reed Creek
US $1.85
🍗
Chicken breast
Franklin $4.08
Reed Creek
US $4.14
Electricity
Franklin $0.18
Reed Creek
US $0.19