Franklin, Tennessee vs. Lake Placid, New York

Cost of Living Comparison

The cost of living in Lake Placid, New York is 29.5% cheaper than Franklin, Tennessee.

You would need a salary of $31,006 in Lake Placid, New York to maintain the standard of living you have in Franklin, Tennessee.
Comparison highlights
• Overall, Lake Placid, New York is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
58% cheaper in Lake Placid
than in Franklin, Tennessee
Franklin, TN vs. Lake Placid, NY
Compared to Franklin, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  29.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  2.8% higher
  Housing (Homeowner)
  30.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  8.0% higher
  Commute
  22.1% lower
  Health
  14.0% higher
  Taxes
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  Childcare
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  Personal
  13.1% lower
Cost of Food
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