Franklin vs Kissimmee

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $54,496 in Kissimmee.

Conversely, $75,000 in Kissimmee equals $103,218 in Franklin.

Living in Franklin vs Kissimmee

Housing Costs

Franklin's housing index of 230 is higher Kissimmee's 111, translating to median home prices of $750,000 vs $365,000. The $385,000 difference in home prices means roughly $25,020 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $1,425/mo in Kissimmee, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 100 in Kissimmee. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $475/month in Kissimmee. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Franklin and 88 in Kissimmee. Monthly utility bills average approximately $388 in Franklin vs $352 in Kissimmee. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Franklin and 90 in Kissimmee. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $118,200 in Franklin and $51,300 in Kissimmee. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $50,792 respectively. Franklin residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,758/month to housing in Franklin vs $1,197/month in Kissimmee. In Franklin, median rent of $1,850/mo fits within this budget. In Kissimmee, median rent of $1,425/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 119 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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