Franklin, Tennessee vs. Troy, Michigan

Cost of Living Comparison

The cost of living in Troy, Michigan is 19.6% cheaper than Franklin, Tennessee.

You would need a salary of $803,610 in Troy, Michigan to maintain the standard of living you have in Franklin, Tennessee.
Comparison highlights
• Overall, Troy, Michigan is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Troy
than in Franklin, Tennessee
Franklin, TN vs. Troy, MI
Compared to Franklin, Troy is:
  Homeowner
      No Child Care, Taxes not Considered
  19.6% lower
      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
  5.3% lower
  Housing (Homeowner)
  33.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.7% higher
  Commute
  17.1% higher
  Health
  19.3% lower
  Taxes
  Childcare
  Personal
  4.3% lower