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Franklin, MD vs Hillsboro, MD

69
Franklin
Maryland
VS
-19.2%
85
Hillsboro
Maryland

There is a significant gap in the cost of living between these two cities. Franklin is 19.2% cheaper than Hillsboro. With a cost index of 69 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Hillsboro should plan for substantially higher expenses across most categories.

Renters will find that Franklin has a median rent of $245/month while Hillsboro comes in at $955/month, a 74% difference.

Median household income in Franklin is $14,738 compared to $65,417 in Hillsboro (-77.5%). While Hillsboro 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 19.9% of their income on rent, more than the 17.5% in Hillsboro.

Climate-wise, Hillsboro is notably warmer with an average of 57.7°F compared to 46.5°F in Franklin. Franklin receives more rainfall at 56.7" per year compared to 44" in Hillsboro.

Income & Cost

Cost of Living Index
Franklin
69
19% cheaper
Hillsboro
85
Median Household Income
Franklin
$14,738
Hillsboro
$65,417
77% higher

Housing

Median Rent
Franklin
$245
74% cheaper
Hillsboro
$955
Median Home Value
Franklin
Hillsboro
$241,700
Population
Franklin
356
Hillsboro
130

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Franklin 46.5°F
Hillsboro 57.7°F
Summer High
Franklin 74°F
Hillsboro 86°F
Winter Low
Franklin 18°F
Hillsboro 30°F
Rainfall
Franklin 56.7"
Hillsboro 44"
Rainy Days
Franklin 194d
Hillsboro 0d