Franklin, NH vs Hooksett, NH
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.
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Housing
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Climate
NOAA 30-year normals (1991-2020)