Franklin, NC vs Star, NC
There is a significant gap in the cost of living between these two cities. Star is 18.8% cheaper than Franklin. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Star to Franklin should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin is $738/month compared to $547/month in Star — a 35% difference. Home values follow the same pattern: Star is more affordable at $131,600 median vs $190,600.
Median household income in Franklin is $43,991 compared to $37,135 in Star (+18.5%). The higher salaries in Franklin partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin spend roughly 20.1% of their income on rent, more than the 17.7% in Star.
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