Home / Compare / Franklin Town vs Lynnfield

Franklin Town, MA vs Lynnfield, MA

141
Franklin Town
Massachusetts
VS
-22.9%
184
Lynnfield
Massachusetts

There is a significant gap in the cost of living between these two cities. Franklin Town is 22.9% cheaper than Lynnfield. With a cost index of 141 vs 184, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin Town to Lynnfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin Town is $1,856/month compared to $2,333/month in Lynnfield — a 20% difference. Home values follow the same pattern: Franklin Town is more affordable at $567,100 median vs $904,200.

Median household income in Franklin Town is $142,788 compared to $172,484 in Lynnfield (-17.2%). The higher salaries in Lynnfield partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin Town spend roughly 15.6% of their income on rent, less than the 16.2% in Lynnfield.

Climate-wise, both cities share similar average temperatures (52°F vs 49.9°F). Lynnfield receives more rainfall at 44.9" per year compared to 43.9" in Franklin Town.

Income & Cost

Cost of Living Index
Franklin Town
141
23% cheaper
Lynnfield
184
Median Household Income
Franklin Town
$142,788
Lynnfield
$172,484
17% higher

Housing

Median Rent
Franklin Town
$1,856
20% cheaper
Lynnfield
$2,333
Median Home Value
Franklin Town
$567,100
37% cheaper
Lynnfield
$904,200
Population
Franklin Town
33,067
Lynnfield
12,964

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin Town $3.09
Lynnfield $3.09
US $3.07
🥚
Eggs (grade A, large)
Franklin Town $2.52
Lynnfield $2.52
US $2.50
🥛
Milk (whole)
Franklin Town $4.06
Lynnfield $4.06
US $4.03
🍞
Bread (white)
Franklin Town $1.87
Lynnfield $1.87
US $1.85
🍗
Chicken breast
Franklin Town $4.18
Lynnfield $4.18
US $4.14
Electricity
Franklin Town $0.33
Lynnfield $0.33
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Franklin Town 52°F
Lynnfield 49.9°F
Summer High
Franklin Town 86°F
Lynnfield 82°F
Winter Low
Franklin Town 21°F
Lynnfield 20°F
Rainfall
Franklin Town 43.9"
Lynnfield 44.9"
Rainy Days
Franklin Town 135d
Lynnfield 138d