Franklin, TX vs Mabank, TX
There is a significant gap in the cost of living between these two cities. Franklin is 16.6% cheaper than Mabank. With a cost index of 70 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Mabank should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin is $795/month compared to $901/month in Mabank — a 12% difference. Home values follow the same pattern: Franklin is more affordable at $171,000 median vs $253,900.
Median household income in Franklin is $54,688 compared to $61,011 in Mabank (-10.4%). The higher salaries in Mabank partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin spend roughly 17.4% of their income on rent, less than the 17.7% in Mabank.
Climate-wise, Franklin is notably warmer with an average of 69.4°F compared to 66.4°F in Mabank. Franklin receives more rainfall at 41.8" per year compared to 38.4" in Mabank.
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Climate
NOAA 30-year normals (1991-2020)