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Franklin, OH vs North Olmsted, OH

77
Franklin
Ohio
VS
-6.9%
82
North Olmsted
Ohio

Franklin is moderately more affordable than North Olmsted, with a 6.9% lower cost of living index. Franklin scores 77 compared to 82 for North Olmsted, where the US average is 100. This difference means residents of North Olmsted can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Franklin is $976/month compared to $1,092/month in North Olmsted — a 11% difference. Home values follow the same pattern: Franklin is more affordable at $170,800 median vs $202,400.

Median household income in Franklin is $58,134 compared to $85,435 in North Olmsted (-32%). While North Olmsted 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 20.1% of their income on rent, more than the 15.3% in North Olmsted.

Income & Cost

Cost of Living Index
Franklin
77
7% cheaper
North Olmsted
82
Median Household Income
Franklin
$58,134
North Olmsted
$85,435
32% higher

Housing

Median Rent
Franklin
$976
11% cheaper
North Olmsted
$1,092
Median Home Value
Franklin
$170,800
16% cheaper
North Olmsted
$202,400
Population
Franklin
11,670
North Olmsted
32,031

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin $2.89
North Olmsted $2.89
US $3.07
🥚
Eggs (grade A, large)
Franklin $2.36
North Olmsted $2.35
US $2.50
🥛
Milk (whole)
Franklin $3.80
North Olmsted $3.79
US $4.03
🍞
Bread (white)
Franklin $1.75
North Olmsted $1.74
US $1.85
🍗
Chicken breast
Franklin $3.91
North Olmsted $3.90
US $4.14
Electricity
Franklin $0.17
North Olmsted $0.17
US $0.19