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Franklin, NJ vs West Freehold, NJ

101
Franklin
New Jersey
VS
-30.4%
145
West Freehold
New Jersey

The cost of living difference between Franklin, NJ and West Freehold, NJ is dramatic. Franklin is 30.4% cheaper than West Freehold, a gap that translates to thousands of dollars per year in household expenses. Franklin has a cost index of 101 while West Freehold sits at 145, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Franklin is $1,340/month compared to $2,107/month in West Freehold — a 36% difference. Home values follow the same pattern: Franklin is more affordable at $253,100 median vs $507,600.

Median household income in Franklin is $90,152 compared to $120,570 in West Freehold (-25.2%). The higher salaries in West Freehold partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin spend roughly 17.8% of their income on rent, less than the 21% in West Freehold.

Income & Cost

Cost of Living Index
Franklin
101
30% cheaper
West Freehold
145
Median Household Income
Franklin
$90,152
West Freehold
$120,570
25% higher

Housing

Median Rent
Franklin
$1,340
36% cheaper
West Freehold
$2,107
Median Home Value
Franklin
$253,100
50% cheaper
West Freehold
$507,600
Population
Franklin
4,938
West Freehold
14,233

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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