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Franklin, NH vs Hooksett, NH

91
Franklin
New Hampshire
VS
-22.9%
118
Hooksett
New Hampshire

There is a significant gap in the cost of living between these two cities. Franklin is 22.9% cheaper than Hooksett. With a cost index of 91 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Hooksett should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin is $1,088/month compared to $1,829/month in Hooksett — a 41% difference. Home values follow the same pattern: Franklin is more affordable at $243,800 median vs $298,900.

Median household income in Franklin is $69,870 compared to $91,005 in Hooksett (-23.2%). While Hooksett 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 18.7% of their income on rent, less than the 24.1% in Hooksett.

Climate-wise, both cities share similar average temperatures (47.2°F vs 47.2°F). Hooksett receives more rainfall at 42" per year compared to 42" in Franklin.

Income & Cost

Cost of Living Index
Franklin
91
23% cheaper
Hooksett
118
Median Household Income
Franklin
$69,870
Hooksett
$91,005
23% higher

Housing

Median Rent
Franklin
$1,088
41% cheaper
Hooksett
$1,829
Median Home Value
Franklin
$243,800
18% cheaper
Hooksett
$298,900
Population
Franklin
8,757
Hooksett
5,362

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Franklin 47.2°F
Hooksett 47.2°F
Summer High
Franklin 83°F
Hooksett 83°F
Winter Low
Franklin 13°F
Hooksett 13°F
Rainfall
Franklin 42"
Hooksett 42"
Rainy Days
Franklin 133d
Hooksett 133d