Cost of Living in Franklin Park, PA

Population 15,273 · Pennsylvania · Data vintage 2023

155
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Franklin Park a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $468,000.

Geographically, Franklin Park sits roughly 12 miles northwest of Pittsburgh. Median home values run roughly 142% higher than Pittsburgh's $193,000.

Cost Overview

Housing 153
Rent 157

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Franklin Park

The median home value in Franklin Park is $467,700 — 53% above the national median of $305,000. Median rent runs $2,063/month, 57% higher than the national median of $1,314/month. The median household income of $172,200/year is 131% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 61.1°F and lows of 42.5°F, with about 44.1" of annual snowfall. Overall, Franklin Park has a cost of living index of 155 versus the US average of 100, meaning it is 55% more expensive.

🏠 Housing

Median Home Value
$467,700
53% above avg
Median Rent
$2,063/mo
57% above avg
Price-to-Rent Ratio
18.9x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 92.3%
Renter-occupied 7.7%

💰 Estimated Monthly Budget

Rent median rent
$2,063
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,677/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.0%

Commute Mode

Drove alone
70.8%
Carpooled
6.7%
Public transit
0.7%
Walked
0.2%
Work from home
20.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$172,200
131% above avg
Per Capita Income
$76,851
Unemployment Rate
4.1%
15% below avg
Poverty Rate
0.9%
Labor Force Participation
72.3%

🎓 Education

Bachelor's degree+ 39.9%
Graduate degree 35.4%

👥 Demographics

Median Age 41.1
Male median age 41.2
Female median age 41

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
42.5°F
Annual Precip
39.6"
Annual Snowfall
44.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 364049627279838275635141
Low °F 212330415159636255443427
Precip" 2.962.623.153.323.834.124.263.523.302.832.862.84
Snow" 13.311.77.61.00.00.00.00.00.00.42.47.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 56 — Moderate
33.2%
Good air days/yr
237
Max AQI recorded
294
PM2.5 days
71
Ozone days

Frequently Asked Questions

What is the cost of living in Franklin Park, PA?

Franklin Park has a cost index of 155 (100 = national average). It is 55% above the national average.

What is average rent in Franklin Park, PA?

The median gross rent in Franklin Park is $2,063 per month based on 2023 Census data.

What is the average home price in Franklin Park?

The median home value in Franklin Park is $467,700 according to 2023 Census ACS data.

What is the median income in Franklin Park?

The median household income in Franklin Park is $172,200 per year (2023 ACS 5-year estimates).

What is the sales tax in Franklin Park, PA?

The combined state and local sales tax rate in Franklin Park is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is Franklin Park, PA affordable?

Franklin Park is above average in cost of living, with an index of 155 — about 55% higher than the national average.

What is the weather like in Franklin Park?

Franklin Park has average high temperatures of 61.1°F and average lows of 42.5°F. Annual precipitation is 39.6". Average annual snowfall is 44.1". Data from NOAA 1991–2020 Climate Normals.

Franklin Park at a Glance

Population
15,273
Median Income
$172,200
Home Value
$467,700
Median Rent
$2,063/mo
Unemployment
4.1%
Avg High Temp
61.1°F
Sales Tax
6.3%
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Explore county-level cost of living data

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