Franklin, TN Cost Of Living
Franklin's Overall Cost Of Living
Higher Than The National Average
In Tennessee
In America
What is the cost of living in Franklin, TN?
According to the most recent data on the cost of living, Franklin has an overall cost of living index of 118 which is 1.2x higher than the national index of 100.
Compared to only Tennessee, Franklin has a cost of living index that's 1.3x higher than Tennessee's index of 89.
The standard of living in Franklin ranks as #4,689 most affordable out of the 6,418 places we measured in Tennessee. By definition, that implies Franklin ranks as the #1,729 most expensive place in the Volunteer State.
Franklin Cost Of Living Vs. Tennessee
| Living Expense | Franklin | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 118 | 89 | 100 | |
| Services | 97 | 94 | 100 | |
| Groceries | 89 | 91 | 100 | |
| Health | 84 | 91 | 100 | |
| Housing | 167 | 81 | 100 | |
| Transportation | 99 | 86 | 100 | |
| Utilities | 106 | 92 | 100 | |
Franklin, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
Detailed Franklin Services Costs Vs. Tennessee
Detailed Franklin Groceries Costs Vs. Tennessee
Detailed Franklin Health Costs Vs. Tennessee
Detailed Franklin Transportation Costs Vs. Tennessee
Detailed Franklin Utilities Costs Vs. Tennessee
Franklin SnackAbility
/10
Cost Of Living In Cities Around Franklin
| City | Population | Cost Of Living | Vs. Franklin |
|---|---|---|---|
| Smyrna, TN | 50,820 | 94 | 0.8x |
| Brentwood, TN | 42,700 | 150 | 1.3x |
| Spring Hill, TN | 41,797 | 106 | 0.9x |
| La Vergne, TN | 35,556 | 94 | 0.8x |
| Nolensville, TN | 9,221 | 123 | 1.0x |
| Fairview, TN | 8,989 | 97 | 0.8x |
