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FRANKLIN vs. MEMPHIS
Cost of Living Comparison

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Cost of Living Calculator - Franklin, Tennessee vs Memphis, Tennessee

The cost of living in Memphis, Tennessee is 44.0% cheaper than Franklin, Tennessee.

You would need a salary of $41,968 in Memphis, Tennessee to maintain the standard of living you have in Franklin, Tennessee.

Comparison highlights

• Overall, Memphis, Tennessee is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
81% cheaper in Memphis
than in Franklin, Tennessee

Franklin, TN vs Memphis, TN

Compared to Franklin, Memphis is:

Homeowner

No Child Care, Taxes not Considered

44.0% 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

12.5% lower

Housing (Homeowner)

81.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

1.0% lower

Commute

6.3% lower

Health

2.2% lower

Taxes

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Childcare

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Personal

23.2% lower

Cost of Food

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