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Franklin, KS vs Phillipsburg, KS

71
Franklin
Kansas
VS
+20.2%
59
Phillipsburg
Kansas

There is a significant gap in the cost of living between these two cities. Phillipsburg is 20.2% cheaper than Franklin. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Phillipsburg to Franklin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin is $983/month compared to $654/month in Phillipsburg — a 50% difference. Home values follow the same pattern: Phillipsburg is more affordable at $93,900 median vs $116,500.

Median household income in Franklin is $51,528 compared to $58,125 in Phillipsburg (-11.3%). Phillipsburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Franklin spend roughly 22.9% of their income on rent, more than the 13.5% in Phillipsburg.

Income & Cost

Cost of Living Index
Franklin
71
Phillipsburg
59
17% cheaper
Median Household Income
Franklin
$51,528
Phillipsburg
$58,125
11% higher

Housing

Median Rent
Franklin
$983
Phillipsburg
$654
33% cheaper
Median Home Value
Franklin
$116,500
Phillipsburg
$93,900
19% cheaper
Population
Franklin
763
Phillipsburg
2,132

Salary Equivalency Calculator

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