Zip 37067 (Franklin, TN) Cost of Living


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How much do I need to live in Franklin, Tennessee?
$13,110 / month
for a family, 142.8% more expensive than the national average A total of $157,320 for the year for a family.
$6,067 / month
for a single person, 27.3% more expensive than the national average A total of $72,800 for the year for a single person.

Franklin cost of living score
139.4
More expensive
39.4% higher
than the US average
55.1% higher
than the Tennessee average
Franklin (zip 37067), 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.

Zip 37067 (Franklin, TN)

Housing costs in Franklin?
A typical home costs $821,500, which is 143.0% more expensive than the national average of $338,100 and 196.1% more expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Franklin costs $2,060 per month, which is 92.5% more than the national average of $1,070 and 33.0% more than the state average of $1,380.

Can I afford Franklin?
To live comfortably in Franklin (zip 37067), Tennessee, a minimum annual income of $157,320 for a family, and $72,800 for a single person is recommended.

What does A.I. say about Franklin?
The cost of living in 37067 Franklin, TN is quite affordable compared to many other parts of the country. The median home value in this zip code is $477,400 and the median rent is $1,558 per month. This means that you can get a nice place to live without breaking the bank. Additionally, food and entertainment expenses are relatively low and there are plenty of shopping opportunities nearby. Overall, the cost of living in 37067 Franklin, TN makes it an attractive place to reside for people who want a comfortable lifestyle without breaking their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFranklinTennesseeUnited States
    Unlock89.9100.0
  107.1  Unlock100.0
    Unlock100.4100.0
  210.6  Unlock100.0
    Unlock$277,400$338,100
  95.6  Unlock100.0
    Unlock90.2100.0
  111.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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