Cost of living in Franklin, New Jersey
Simple answer
Typical rent is $1,381 a month.
Franklin is a borough in New Jersey. That rent number includes utilities. A typical household earns $92,744 a year.
- People
- 4,968
- Census average, 2020–2024
- Typical rent
- $1,381
- Median gross rent, includes utilities
- Typical pay
- $92,744
- Median household income, yearly
- Typical home
- $272,600
- Median home value
- 2-bedroom fair rent
- $2,233
- Newark, NJ HUD Metro FMR Area
Franklin, New Jersey has about 4,968 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $272,600.
HUD's fair-market rent for a 2-bedroom in Sussex County is $2,233 a month. That is the county number, not an apartment listing in Franklin. It runs from October 2026 through September 2027.
In the New York-Newark-Jersey City, NY-NJ metro area, prices sit at 112.6 when the U.S. average is 100. That is a 2024 BEA index.
New Jersey taxes wages. A typical combined sales tax is 6.6% as of January 1, 2026. That mix is statewide, not Franklin's exact store tax.
In July 2026, a typical New Jersey home paid 25.19¢ per kilowatt-hour. That is a state average from EIA, not Franklin's bill.
EIA did not publish a 2025 all-grades gas price for New Jersey in the table we use.
Among 485 places we list in New Jersey with a rent figure, 413 have higher typical rent than Franklin.
Nearby places
- Ogdensburg
Typical rent $1,445
Compare with Franklin - Hamburg
Typical rent $1,685
Compare with Franklin - Sussex
Typical rent $1,418
Compare with Franklin - Vernon Center
Typical rent $1,494
Compare with Franklin - Oak Ridge
Typical rent $1,372
Compare with Franklin - Highland Lakes
Typical rent $2,169
Compare with Franklin - Lake Mohawk
Typical rent $1,989
- Newfoundland
Typical rent $1,495
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in New Jersey
Bigger places in New Jersey
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.