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Franklin, NC vs Northlakes, NC

71
Franklin
North Carolina
VS
-28.2%
99
Northlakes
North Carolina

There is a significant gap in the cost of living between these two cities. Franklin is 28.2% cheaper than Northlakes. With a cost index of 71 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Northlakes should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Franklin are $190,600 compared to $335,500 in Northlakes, a 43% gap.

Median household income in Franklin is $43,991 compared to $101,461 in Northlakes (-56.6%). While Northlakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Franklin
71
28% cheaper
Northlakes
99
Median Household Income
Franklin
$43,991
Northlakes
$101,461
57% higher

Housing

Median Rent
Franklin
$738
Northlakes
Median Home Value
Franklin
$190,600
43% cheaper
Northlakes
$335,500
Population
Franklin
4,221
Northlakes
1,462

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin
Northlakes $2.97
US $3.07
🥚
Eggs (grade A, large)
Franklin
Northlakes $2.42
US $2.50
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Milk (whole)
Franklin
Northlakes $3.90
US $4.03
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Bread (white)
Franklin
Northlakes $1.79
US $1.85
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Chicken breast
Franklin
Northlakes $4.01
US $4.14
Electricity
Franklin
Northlakes $0.16
US $0.19