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Louisiana

Cost of living in Franklin Parish, LA

Estimated monthly cost
$2,604/mo
for a single person, all categories combined

Population 19,590 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $775 30%
Healthcare $480 18%
Federal tax $391 15%
Transport $320 12%
Groceries $315 12%
Energy $186 7%
State tax $82 3%
Water $55 2%

Rent in Franklin Parish

Fair Market Rents by bedroom count.

Studio
$666
per month
1 bedroom
$775
per month
2 bedroom
$903
per month
3 bedroom
$1,149
per month
4 bedroom
$1,197
per month

Source: HUD FMR FY2025

Income and earnings in Franklin Parish

Annual earnings figures from the Census ACS.

Household income
$44,103
per year
Individual earnings
$34,004
per year
Per capita
$25,511
per year

Source: ACS 2019-2023 5-Year.

Home values in Franklin Parish

Average values reported by homeowners.

Average home value
$117,200
Annual property tax
$378

Source: ACS 2019-2023 5-Year

Energy costs in Franklin Parish

Estimated monthly electricity and gas costs.

Electricity
$152
per month · 12.7¢/kWh
Natural gas
$34
per month
Annual total
$2,232
per year

Source: EIA

Healthcare in Franklin Parish

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
6.4%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Franklin Parish

State and local tax rates for Louisiana.

State income tax
4.3%
Top marginal rate
State sales tax
4.5%
Combined sales tax
9.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Franklin Parish

Commute patterns and estimated costs.

Average commute
27.5 min
Drive alone
80.1%
Public transit
1.0%
Work from home
5.7%

Source: ACS

Monthly cost estimates for Franklin Parish

What it costs to live in Franklin Parish each month.

Single person
$2,604
per month
  • Rent $775
  • Energy $186
  • Water $55
  • Groceries $315
  • Transport $320
  • Healthcare $480
  • Federal tax $391
  • State tax $82
Couple
$3,513
per month
  • Rent $903
  • Energy $223
  • Water $65
  • Groceries $522
  • Transport $420
  • Healthcare $864
  • Federal tax $405
  • State tax $111
Family
$5,881
per month
  • Rent $1,149
  • Energy $279
  • Water $75
  • Groceries $792
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $405
  • State tax $111

Frequently asked questions about Franklin Parish

Common questions about cost of living, rent and salary.

What is the average rent in Franklin Parish?

In Franklin Parish, LA, a one-bedroom apartment averages $775 per month, a two-bedroom averages $903 per month, a three-bedroom averages $1,149 per month, according to HUD Fair Market Rent data.

What is the average salary in Franklin Parish?

In Franklin Parish, LA, the average household income is $44,103 per year and individual earnings for full-time workers average $34,004 per year, according to U.S. Census Bureau data.

What is the cost of living in Franklin Parish?

The estimated cost of living in Franklin Parish, LA is approximately $2,604 per month for a single person, $3,513 for a couple, $5,881 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Franklin Parish?

The combined sales tax rate in Franklin Parish, LA is 9.55%, which includes the Louisiana state rate of 4.45% plus an average local rate of 5.10%.

Is Franklin Parish an affordable place to live?

Based on the data, a single person in Franklin Parish, LA would need approximately $2,604 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $44,103 per year ($3,675 per month). Franklin Parish has a high cost of living relative to local earnings.

How much does healthcare cost in Franklin Parish?

The ACA marketplace benchmark premium in Franklin Parish, LA is approximately $480 per month for an individual. Approximately 6.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Franklin Parish?

The average home value in Franklin Parish, LA is $117,200, with average annual property taxes of $378, according to U.S. Census Bureau data.

How does Franklin Parish compare to other areas?

You can compare Franklin Parish, LA with any other US county using our comparison tool at /compare. Franklin Parish is in Louisiana.

Other counties in Louisiana

Browse the full list of counties in Louisiana, ranked by cost of living.

See all counties in Louisiana

Compare Franklin Parish with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources