Memphis, Tennessee vs. Franklin, Tennessee

Cost of Living Comparison

The cost of living in Franklin, Tennessee is 78.7% more expensive than Memphis, Tennessee.

You would need a salary of $64,335 in Franklin, Tennessee to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Franklin, Tennessee is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
428% more expensive in Franklin
than in Memphis, Tennessee
Memphis, TN vs. Franklin, TN
Compared to Memphis, Franklin is:
  Homeowner
      No Child Care, Taxes not Considered
  78.7% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  14.3% higher
  Housing (Homeowner)
  448.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.0% higher
  Commute
  6.8% higher
  Health
  2.3% higher
  Taxes
  Childcare
  Personal
  30.2% higher