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Franklinton, LA vs Raceland, LA

76
Franklinton
Louisiana
VS
+19.5%
64
Raceland
Louisiana

There is a significant gap in the cost of living between these two cities. Raceland is 19.5% cheaper than Franklinton. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raceland to Franklinton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklinton is $930/month compared to $632/month in Raceland — a 47% difference. Home values follow the same pattern: Raceland is more affordable at $163,100 median vs $187,500.

Median household income in Franklinton is $32,339 compared to $53,328 in Raceland (-39.4%). Raceland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Franklinton spend roughly 34.5% of their income on rent, more than the 14.2% in Raceland. The Raceland ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Franklinton
76
Raceland
64
16% cheaper
Median Household Income
Franklinton
$32,339
Raceland
$53,328
39% higher

Housing

Median Rent
Franklinton
$930
Raceland
$632
32% cheaper
Median Home Value
Franklinton
$187,500
Raceland
$163,100
13% cheaper
Population
Franklinton
3,615
Raceland
10,517

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Franklinton $2.85
Raceland $2.85
US $3.07
🥚
Eggs (grade A, large)
Franklinton $2.33
Raceland $2.33
US $2.50
🥛
Milk (whole)
Franklinton $3.74
Raceland $3.74
US $4.03
🍞
Bread (white)
Franklinton $1.72
Raceland $1.72
US $1.85
🍗
Chicken breast
Franklinton $3.85
Raceland $3.85
US $4.14
Electricity
Franklinton $0.15
Raceland $0.14
US $0.19