Franklin, ID vs Sugar City, ID
Franklin, ID and Sugar City, ID have a very similar cost of living, with only a 1.9% difference in their overall index. Franklin scores 95 while Sugar City scores 97 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Franklin is $1,205/month compared to $1,307/month in Sugar City — a 8% difference. Interestingly, home values tell a different story: while Franklin has cheaper rent, Sugar City actually has lower median home values ($308,000 vs $318,200).
Median household income in Franklin is $64,375 compared to $71,944 in Sugar City (-10.5%). While Sugar City 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 22.5% of their income on rent, more than the 21.8% in Sugar City.
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