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Franklin, NJ vs Hammonton, NJ

101
Franklin
New Jersey
VS
-2%
103
Hammonton
New Jersey

Franklin, NJ and Hammonton, NJ have a very similar cost of living, with only a 2% difference in their overall index. Franklin scores 101 while Hammonton scores 103 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Franklin is $1,340/month compared to $1,375/month in Hammonton — a 3% difference. Home values follow the same pattern: Franklin is more affordable at $253,100 median vs $324,200.

Median household income in Franklin is $90,152 compared to $83,044 in Hammonton (+8.6%). Franklin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Franklin spend roughly 17.8% of their income on rent, less than the 19.9% in Hammonton.

Income & Cost

Cost of Living Index
Franklin
101
2% cheaper
Hammonton
103
Median Household Income
Franklin
$90,152
8% higher
Hammonton
$83,044

Housing

Median Rent
Franklin
$1,340
3% cheaper
Hammonton
$1,375
Median Home Value
Franklin
$253,100
22% cheaper
Hammonton
$324,200
Population
Franklin
4,938
Hammonton
14,746

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin $3.32
Hammonton $3.00
US $3.07
🥚
Eggs (grade A, large)
Franklin $2.71
Hammonton $2.44
US $2.50
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Milk (whole)
Franklin $4.36
Hammonton $3.94
US $4.03
🍞
Bread (white)
Franklin $2.00
Hammonton $1.81
US $1.85
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Chicken breast
Franklin $4.49
Hammonton $4.05
US $4.14
Electricity
Franklin $0.24
Hammonton $0.21
US $0.19