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Franklin Park, PA vs Newtown Grant, PA

134
Franklin Park
Pennsylvania
VS
-13.4%
155
Newtown Grant
Pennsylvania

Franklin Park is moderately more affordable than Newtown Grant, with a 13.4% lower cost of living index. Franklin Park scores 134 compared to 155 for Newtown Grant, where the US average is 100. This difference means residents of Newtown Grant can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Franklin Park is $2,063/month compared to $2,379/month in Newtown Grant — a 13% difference. Home values follow the same pattern: Franklin Park is more affordable at $467,700 median vs $571,900.

Median household income in Franklin Park is $172,200 compared to $175,403 in Newtown Grant (-1.8%). Newtown Grant does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Franklin Park spend roughly 14.4% of their income on rent, less than the 16.3% in Newtown Grant.

Income & Cost

Cost of Living Index
Franklin Park
134
13% cheaper
Newtown Grant
155
Median Household Income
Franklin Park
$172,200
Newtown Grant
$175,403
2% higher

Housing

Median Rent
Franklin Park
$2,063
13% cheaper
Newtown Grant
$2,379
Median Home Value
Franklin Park
$467,700
18% cheaper
Newtown Grant
$571,900
Population
Franklin Park
15,273
Newtown Grant
6,070

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin Park $3.01
Newtown Grant $3.01
US $3.07
🥚
Eggs (grade A, large)
Franklin Park $2.46
Newtown Grant $2.46
US $2.50
🥛
Milk (whole)
Franklin Park $3.96
Newtown Grant $3.95
US $4.03
🍞
Bread (white)
Franklin Park $1.82
Newtown Grant $1.82
US $1.85
🍗
Chicken breast
Franklin Park $4.07
Newtown Grant $4.07
US $4.14
Electricity
Franklin Park $0.22
Newtown Grant $0.23
US $0.19