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Franklin, NJ vs Middlesex, NJ

101
Franklin
New Jersey
VS
-15.1%
119
Middlesex
New Jersey

There is a significant gap in the cost of living between these two cities. Franklin is 15.1% cheaper than Middlesex. With a cost index of 101 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Middlesex should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin is $1,340/month compared to $1,493/month in Middlesex — a 10% difference. Home values follow the same pattern: Franklin is more affordable at $253,100 median vs $414,600.

Median household income in Franklin is $90,152 compared to $107,063 in Middlesex (-15.8%). While Middlesex 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 17.8% of their income on rent, more than the 16.7% in Middlesex.

Income & Cost

Cost of Living Index
Franklin
101
15% cheaper
Middlesex
119
Median Household Income
Franklin
$90,152
Middlesex
$107,063
16% higher

Housing

Median Rent
Franklin
$1,340
10% cheaper
Middlesex
$1,493
Median Home Value
Franklin
$253,100
39% cheaper
Middlesex
$414,600
Population
Franklin
4,938
Middlesex
14,518

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin $3.32
Middlesex $3.32
US $3.07
🥚
Eggs (grade A, large)
Franklin $2.71
Middlesex $2.71
US $2.50
🥛
Milk (whole)
Franklin $4.36
Middlesex $4.36
US $4.03
🍞
Bread (white)
Franklin $2.00
Middlesex $2.00
US $1.85
🍗
Chicken breast
Franklin $4.49
Middlesex $4.49
US $4.14
Electricity
Franklin $0.24
Middlesex $0.24
US $0.19