Cost of Living: Franklin Town, MA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Franklin Town, MA versus $4,227/mo in Chicago, IL. In the model, rent is about 27.05% of gross in Franklin Town, MA versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin Town, MA and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Franklin Town, MA
Cost of Living Index
Franklin Town, MA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Franklin Town, MA, so a given salary generally stretches further there.
Median Rent
Franklin Town, MA: $1,764/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Franklin Town, MA is $441/mo higher than in Chicago, IL.
Median Home Price
Franklin Town, MA: $567,100 · Chicago, IL: $147,800
Median home price in Franklin Town, MA is $419,300 higher than in Chicago, IL.
Median Household Income
Franklin Town, MA: $142,788 · Chicago, IL: $56,815
Franklin Town, MA has a higher median household income than Chicago, IL by $85,973.
Franklin Town, MA overview · Chicago, IL overview · Popular comparisons