| Index | Franklin | Michigan | National |
| Cost of living | 164 | 89 | 100 |
| Goods & Services | 102 | 93 | 100 |
| Groceries | 103 | 99 | 100 |
| Health care | 102 | 93 | 100 |
| Housing | 312 | 74 | 100 |
| Transportation | 100 | 97 | 100 |
| Utilities | 94 | 101 | 100 |
| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $162,188 | $13,516 | $3,784 | $4,866 |
| Renters | $140,000 | $11,667 | $3,266 | $4,200 |
| State | General Sales Tax | With Max Surtax |
| Michigan | 6% | 6% |
| State | Income Tax (Low) | Income Tax (High) |
| Michigan | 4.25% | 4.25% |
| Item | Franklin | National avg. | Difference |
| Haircut | $16.80 | $24.26 | 30.8% |
| Beauty Salon | $24.78 | $45.56 | 45.6% |
| Toothpaste | $3.66 | $3.70 | 1.1% |
| Shampoo | $1.13 | $1.28 | 11.8% |
| Movie | $12.99 | $12.13 | 7.1% |
| Bowling | $12.33 | $18.00 | 31.5% |
| Item | Franklin | National avg. | Difference |
| Ground Beef | $5.75 | $5.84 | 1.5% |
| Fried Chicken | $1.41 | $1.57 | 10.4% |
| Milk | $4.78 | $4.67 | 2.3% |
| Potatoes | $4.80 | $4.93 | 2.8% |
| Pizza | $8.99 | $12.09 | 25.6% |
| Beer | $9.04 | $10.41 | 13.2% |
| Item | Franklin | National avg. | Difference |
| Optometrist | $85.00 | $125.68 | 32.4% |
| Doctor | $103.33 | $135.78 | 23.9% |
| Dentist | $91.00 | $113.29 | 19.7% |
| Ibuprofen | $10.22 | $10.65 | 4.1% |
| Lipitor | $490.11 | $468.60 | 4.6% |
| Item | Franklin | National avg. | Difference |
| Home Price | $595,400.00 | $184,700.00 | 222.4% |
| Avg. Mortgage Payment | $1,709.07 | $2,346.69 | 27.2% |
| Apartment Rent | $2,740.00 | $949.00 | 188.7% |
| Item | Franklin | National avg. | Difference |
| Gasoline | $3.35 | $3.46 | 3.1% |
| Tire Balancing | $56.00 | $59.92 | 6.5% |
| Item | Franklin | National avg. | Difference |
| All Electricity | $219.20 | $193.99 | 13.0% |
| Phone | $184.44 | $192.25 | 4.1% |
| City | Population | Cost of Living Index | National Avg. |
| Highland Park, MI | 10,818 | 82 | 18.3% |
| Detroit, MI | 672,351 | 84 | 15.5% |
| Hamtramck, MI | 21,704 | 86 | 14.3% |
| Pontiac, MI | 59,714 | 86 | 13.5% |
| Center Line, MI | 8,212 | 88 | 12.0% |
| Franklin, MI | 2,877 | 164 | 64.1% |
| City | Population | Cost of Living Index | National Avg. |
| Mountain View, AR | 2,877 | 85 | 15.3% |
| Kennedy, CA | 2,877 | 110 | 10.1% |
| Zellwood, FL | 2,877 | 91 | 8.8% |
| Springdale, NL | 2,877 | n/a | |
| Gowanda, NY | 2,876 | 81 | 18.8% |
| Franklin, MI | 2,877 | 164 | 64.1% |
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