Franklin, ID vs Midvale, ID

The cost of living difference between Franklin, ID and Midvale, ID is dramatic. Midvale is 35.3% cheaper than Franklin, a gap that translates to thousands of dollars per year in household expenses. Franklin has a cost index of 95 while Midvale sits at 70, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Franklin is $1,205/month compared to $694/month in Midvale — a 74% difference. Home values follow the same pattern: Midvale is more affordable at $208,300 median vs $318,200.

Median household income in Franklin is $64,375 compared to $48,281 in Midvale (+33.3%). The higher salaries in Franklin partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin spend roughly 22.5% of their income on rent, more than the 17.2% in Midvale.