Franklin, IA vs Runnells, IA

There is a significant gap in the cost of living between these two cities. Runnells is 15.3% cheaper than Franklin. With a cost index of 71 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Runnells to Franklin should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Franklin are $116,500 compared to $196,900 in Runnells, a 41% gap.

Median household income in Franklin is $47,500 compared to $98,125 in Runnells (-51.6%). Runnells offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.