Franklin, MD vs Somerset, MD

The cost of living difference between Franklin, MD and Somerset, MD is dramatic. Franklin is 76.6% cheaper than Somerset, a gap that translates to thousands of dollars per year in household expenses. Franklin has a cost index of 69 while Somerset sits at 294, 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.

Renters will find that Franklin has a median rent of $245/month while Somerset comes in at $3,501/month, a 93% difference.

Median household income in Franklin is $14,738 compared to $250,001 in Somerset (-94.1%). While Somerset 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 16.8% in Somerset.

Climate-wise, Somerset is notably warmer with an average of 59.3°F compared to 46.5°F in Franklin. Franklin receives more rainfall at 56.7" per year compared to 41.8" in Somerset.