Franklin, Tennessee vs. New Albany, Indiana

Cost of Living Comparison

The cost of living in New Albany, Indiana is 39.1% cheaper than Franklin, Tennessee.

You would need a salary of $30,433 in New Albany, Indiana to maintain the standard of living you have in Franklin, Tennessee.
Comparison highlights
• Overall, New Albany, Indiana is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
75% cheaper in New Albany
than in Franklin, Tennessee
Franklin, TN vs. New Albany, IN
Compared to Franklin, New Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  39.1% 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
  10.9% lower
  Housing (Homeowner)
  70.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.7% lower
  Commute
  11.3% lower
  Health
  11.2% lower
  Taxes
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  Childcare
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  Personal
  12.3% lower
Cost of Food
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