Housing costs in New Franklin?
A typical home costs
$230,700, which is 31.8% less expensive than the national average of
$338,100 and 17.1% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Franklin costs
$990 per month, which is 1.0% more than the national average of
$980 and 4.0% cheaper than the state average of
$1,030.
Can I afford New Franklin?
To live comfortably in New Franklin (zip 44216), Ohio, a minimum annual income of
$44,280 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about New Franklin?
The cost of living in 44216 New Franklin, OH is generally considered to be slightly above the national average. Housing costs are higher than many other cities with the median home price at around $185,000. The area has plenty of shopping and dining options available to residents, although prices tend to be slightly higher than other areas. There are also numerous recreational activities to take part in, such as golfing, fishing, and hiking. Overall the cost of living is reasonable for a city of its size, but it may still prove difficult for some families on a tight budget.