College Costs in Franklin, MA 2026
Compare tuition, housing, and financial aid across 2 colleges in Franklin, Massachusetts. Use our free calculator to estimate your total cost.
Avg Public Tuition
$16,100
per year
Avg Private Tuition
$48,000
per year
Avg Rent Near Campus
$1,698
per month
Colleges & Universities
2
institutions
Franklin Overview
Population
33,025
Student Population
3,069 (9.3%)
Cost of Living Index
128.2 (avg: 100)
Walk Score
49/100
Transit Score
23/100
Unemployment Rate
2.9%
College Cost Calculator for Franklin
Cost Inputs
Total Cost (4 Years, Public In-State)
$129,836
Total After Financial Aid
$129,836
Annual Cost
$32,459
Annual After Aid
$32,459
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $129,836 |
| Monthly Payment | $1,474 |
| Total Interest | $47,075 |
| Total Loan Cost | $176,911 |
Universities in Franklin
| University | Type | Annual Tuition |
|---|---|---|
| Franklin State University | Public | $14,634 |
| Franklin Community College | Community | $5,892 |
Franklin has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Franklin vs. National Average
| Category | Franklin | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $16,100 | $10,940 | +$5,160 |
| Monthly Rent Near Campus | $1,698 | $1,050 | +$648 |
| Cost of Living Index | 128.2 | 100 | +28.19999999999999 |
Franklin's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.
Student Life in Franklin
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
3,069 students
Franklin has a total population of 33,025, with approximately 3,069 college students (9.3% of the population). Franklin has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Franklin
$52,215
Starting Salary
2.9%
Unemployment Rate
68%
Graduation Rate
~8 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Franklin earn a median starting salary of $52,215, which is $17,215 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $129,836 (including room and board), it would take approximately 8 years of the salary premium to recoup the investment. With average financial aid of $8,422 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Massachusetts
Boston
24 colleges · Avg tuition $14,167
Worcester
11 colleges · Avg tuition $16,670
Springfield
6 colleges · Avg tuition $11,943
Cambridge
6 colleges · Avg tuition $13,207
Amherst
3 colleges · Avg tuition $16,952
Northampton
2 colleges · Avg tuition $16,211
Williamstown
4 colleges · Avg tuition $17,065
Stockbridge
2 colleges · Avg tuition $17,108
Lowell
5 colleges · Avg tuition $16,100
Brockton
5 colleges · Avg tuition $16,100
Quincy
4 colleges · Avg tuition $16,100
New Bedford
4 colleges · Avg tuition $16,100
Frequently Asked Questions
Related Calculators
Explore 350+ Cities Across the U.S.
Compare college costs, housing, and student life in every major U.S. city.
Browse All Cities