Cost of Living: Franklin Town, MA vs New York, NY
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 $4,116/mo in New York, NY. In the model, rent is about 27.05% of gross in Franklin Town, MA versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin Town, MA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Franklin Town, MA
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Franklin Town, MA
- Higher median household income: Franklin Town, MA
Cost of Living Index
Franklin Town, MA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Franklin Town, MA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Franklin Town, MA: $1,764/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Franklin Town, MA is $74/mo higher than in New York, NY.
Median Home Price
Franklin Town, MA: $567,100 · New York, NY: $751,700
Median home price in New York, NY is $184,600 higher than in Franklin Town, MA.
Median Household Income
Franklin Town, MA: $142,788 · New York, NY: $79,713
Franklin Town, MA has a higher median household income than New York, NY by $63,075.
Franklin Town, MA overview · New York, NY overview · Popular comparisons