Franklin, TN Cost of Living

27 Reviews

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Franklin cost of living score
More expensive
39.4% higher
than the US average
55.1% higher
than the Tennessee average
Franklin, Tennessee gets a BestPlaces Cost of Living score of 139.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 39.4% higher than the U.S. average and 55.1% higher than the average for Tennessee.

Franklin, TN

Housing costs in Franklin?
A typical home costs $784,100, which is 131.9% more expensive than the national average of $338,100 and 182.7% more expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Franklin costs $1,850 per month, which is 29.4% more than the national average of $1,430 and 42.2% more than the state average of $1,070.

Can I afford Franklin?
To live comfortably in Franklin, Tennessee, a minimum annual income of $150,120 for a family, and $65,600 for a single person is recommended.

What does A.I. say about Franklin?
Franklin offers an interesting opportunity for costlier living situated somewhere within Tennessee’s Williamson County featuring medians hovering around the high-$400s and rental rates shortly arrive close by upwards of 1.3 thousand dollars respectively - both significantly pricier compared to other parts of The Volunteer State like Antioch or La Vergne that are located much deeper down southward. Grocery stores equally hover just below US averages thanks largely to local taxes & regulations while sales tax totals out constant at 9%.
   Cost of living score
     CategoriesFranklinTennesseeUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Franklin
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After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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