Franklin Square, NY vs Loudonville, NY
There is a significant gap in the cost of living between these two cities. Loudonville is 26.3% cheaper than Franklin Square. With a cost index of 122 vs 154, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loudonville to Franklin Square should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin Square is $2,052/month compared to $1,891/month in Loudonville — a 9% difference. Home values follow the same pattern: Loudonville is more affordable at $370,200 median vs $640,300.
Median household income in Franklin Square is $140,051 compared to $131,806 in Loudonville (+6.3%). Franklin Square 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 Square spend roughly 17.6% of their income on rent, more than the 17.2% in Loudonville.
Climate-wise, Franklin Square is notably warmer with an average of 54.3°F compared to 49.4°F in Loudonville. Franklin Square receives more rainfall at 43.3" per year compared to 40.7" in Loudonville.
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