Franklin cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFranklinTennesseeNational
Cost of living index11690100
IndexFranklinTennesseeNational
Goods & Services index10298100
Groceries index9492100
Health care index8689100
Housing index15578100
Transportation index9793100
Utilities index10291100

Did you know?

  • The cost of living in Franklin is 29% higher than the Tennessee average.
  • The cost of living in Franklin is 16% higher than the national average.
  • The cost of housing in Franklin is 55% higher than the national average.
  • Tennessee general sales tax is 37% higher than the national average.
  • Tennessee state income tax is 100% lower than the national average.
Location
Price
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Location
Price
Bedrooms
Bathrooms
 

Compare Franklin, TN Cost of living To Other Cities

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%

Goods & Services

ItemFranklinNational avg.Difference
Haircut $16.40$14.5912.4%
Beauty Salon $30.40$34.6812.3%
Toothpaste $2.69$2.478.8%
Shampoo $1.05$1.022.7%
Movie $10.05$9.871.8%
Bowling $4.55$4.393.6%

Groceries

ItemFranklinNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.31$1.4610.5%
Milk $1.87$2.3620.7%
Potatoes $2.58$3.0615.7%
Pizza $10.99$9.2418.9%
Beer $8.65$8.630.2%

Health Care

ItemFranklinNational avg.Difference
Optometrist $74.50$99.7825.3%
Doctor $78.33$105.0325.4%
Dentist $79.00$88.7010.9%
Ibuprofen $8.79$9.416.6%
Lipitor $276.00$298.507.5%

Housing

ItemFranklinNational avg.Difference
Home Price $309,400.00$181,400.0070.6%
Avg. Mortgage Payment $806.99$1,081.0325.3%
Apartment Rent $1,062.00$889.0019.5%

Transportation

ItemFranklinNational avg.Difference
Gasoline $2.11$2.091.0%
Tire Balancing $39.20$45.2913.4%

Utilities

ItemFranklinNational avg.Difference
All Electricity$193.08$170.8013.0%
Phone $24.50$28.2613.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Eagleville, TN54394-6%
Fairview, TN7,77897-3%
Berry Hill, TN45198-2%
Pegram, TN2,1941000%
Kingston Springs, TN2,7631022%
Franklin, TN63,11711616%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pico Rivera, CA63,10512828%
West Hartford, CT63,15713232%
Bayonne, NJ63,16414040%
San Clemente, CA63,18717979%
Johnson City, TN62,99894-6%
Franklin, TN63,11711616%
Source: The Franklin, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.