Franklin Square, NY vs White Plains, NY

Franklin Square, NY and White Plains, NY have a very similar cost of living, with only a 1.1% difference in their overall index. Franklin Square scores 154 while White Plains scores 156 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Franklin Square is $2,052/month compared to $2,151/month in White Plains — a 5% difference. Interestingly, home values tell a different story: while Franklin Square has cheaper rent, White Plains actually has lower median home values ($624,100 vs $640,300).

Median household income in Franklin Square is $140,051 compared to $115,586 in White Plains (+21.2%). Franklin Square offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Franklin Square spend roughly 17.6% of their income on rent, less than the 22.3% in White Plains.