Housing costs in Franklin?
A typical home costs
$254,100, which is 24.8% less expensive than the national average of
$338,100 and 8.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Franklin costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 40.8% cheaper than the state average of
$1,070.
Can I afford Franklin?
To live comfortably in Franklin Tennes County, Tennessee, a minimum annual income of
$48,600 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in Franklin, TN County is much lower than the US average. With an index of 80.7, residents benefit from cheaper groceries, housing, and other goods and services. Despite being lower than the US average cost of living, the median house value for Franklin County is still high at $254,100 compared to the US average of $338,100.