Franklin, IN vs Sellersburg, IN

Franklin, IN and Sellersburg, IN have a very similar cost of living, with only a 3.1% difference in their overall index. Franklin scores 85 while Sellersburg scores 82 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 $1,127/month compared to $1,057/month in Sellersburg — a 7% difference. Interestingly, home values tell a different story: while Sellersburg has cheaper rent, Franklin actually has lower median home values ($212,500 vs $213,300).

Median household income in Franklin is $77,305 compared to $69,851 in Sellersburg (+10.7%). While Franklin 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 17.5% of their income on rent, less than the 18.2% in Sellersburg.