Home / Compare / Franklin vs Placedo

Franklin, TX vs Placedo, TX

70
Franklin
Texas
VS
-7.4%
76
Placedo
Texas

Franklin is moderately more affordable than Placedo, with a 7.4% lower cost of living index. Franklin scores 70 compared to 76 for Placedo, where the US average is 100. This difference means residents of Placedo can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Franklin are $171,000 compared to $46,200 in Placedo, a 270% gap.

Median household income in Franklin is $54,688 compared to $28,000 in Placedo (+95.3%). Franklin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (69.4°F vs 70.7°F). Franklin receives more rainfall at 41.8" per year compared to 40.4" in Placedo.

Income & Cost

Cost of Living Index
Franklin
70
7% cheaper
Placedo
76
Median Household Income
Franklin
$54,688
49% higher
Placedo
$28,000

Housing

Median Rent
Franklin
$795
Placedo
Median Home Value
Franklin
$171,000
Placedo
$46,200
73% cheaper
Population
Franklin
1,498
Placedo
503

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklin $2.85
Placedo $2.85
US $3.07
🥚
Eggs (grade A, large)
Franklin $2.32
Placedo $2.32
US $2.50
🥛
Milk (whole)
Franklin $3.74
Placedo $3.74
US $4.03
🍞
Bread (white)
Franklin $1.72
Placedo $1.72
US $1.85
🍗
Chicken breast
Franklin $3.85
Placedo $3.85
US $4.14
Electricity
Franklin $0.17
Placedo $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Franklin 69.4°F
Placedo 70.7°F
Summer High
Franklin 95°F
Placedo 95°F
Winter Low
Franklin 41°F
Placedo 44°F
Rainfall
Franklin 41.8"
Placedo 40.4"
Rainy Days
Franklin 92d
Placedo 95d