Would you like to live and work in Franklin? Terms of Use and Ranking of cost of living by city based on the consumer price index and access to affordable housing (housing-to … We’re proud to offer Viking Pure Solutions’ disinfecting technology. Cost of Living. The place with the lowest cost of living in Tennessee according to the data is Rockwood. The monthly cost averages roughly $1,905 and ranges between $715 and $3,080. There are 22 low cost senior living communities in Franklin, TN. The average annual pay in Franklin is $60,748.00, which is $13,345.00 higher than the salary average in Tennessee and higher than the U.S. average yearly wages by $7,127.00. Franklin housing is 69% higher than the national average. Nearby cities for which we have more data: Comparisons improve with every new data that you enter. The cost of living in Tennessee is approximately 20% lower throughout the state then it is across the nation. Sophisticated Victorian mansions and plantation houses don’t come cheap—expect the average house in Franklin to cost you $470,400. Cheaper nearby regions include Nashville with an average starting cost of $2,649. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Compare the Cost of Living in … Why? Based on 2017 annual averages, Tennessee has the 5th lowest cost of living in the nation at 10.2% below the national average. These cities have the lowest cost of living in all of Tennessee. Cost of living in Franklin, TN. The costs per day of independent living in Tennessee range from $24 up to $103, with a median cost running approximately $64. Murfreesboro. The Westhaven downtown area will soon offer a variety of shops and restaurants, and a premier design golf course is currently under construction. The people are kind, the landscape is stunning and the cost of living is nice and low. Related Topics: Medicaid and When it Pays With Assisted Living and Nursing Homes Cost of living is low, and housing is affordable ($288,500). See what you'll need to earn to keep your current standard of living wherever you choose to work and live. This includes 3 communities in Franklin and 17 nearby. The Hearth at Franklin is 108% the cost of assisted living in Franklin and 108% the cost of assisted living in Tennessee. Greensboro, NC74.90 milesDurham, NC116.18 milesRaleigh, NC139.22 milesCharlotte, NC156.06 miles, Also, consider looking into aggregate data for Average in United States. As of 2017, its estimated population was 78,321, and it is the seventh-largest city in Tennessee. In Nashville, the median home value is $110,950, while Knoxville’s is slightly higher at $149,046.Tennessee homes have seen good appreciation rates recently. Nearby cities for which we have more data: Cost of Living in Franklin, Tennessee Franklin, Tennessee's cost of living is 3% lower than the national average. The cost at this home starts at $4,266, while the average cost for a senior living community in Franklin, TN is $4,500. Prices of restaurants, food, transportation, utilities and housing are included. 10. Read more from, If you want to buy a home in the beautiful state of Tennessee, you will find that home prices are generally below the median compared to most residential home markets in the country. Purchasing a home can be a lengthy and complex process. About 21 miles (34 km) south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. The overall cost of living is a big influence in deciding which care choice meets the needs of your family. 1. To help you with your search, browse the 34 reviews below for independent living communities in Franklin. Average prices of more than 40 products and services in Franklin, TN, United StatesDec 2020. Show More . Monthly, the median rent in Franklin is about $1,619 and the median home value in Franklin … Your use of this service is subject to our The cost of living in Franklin, Tennessee (TN) is higher than the average cost of living in the state of Tennessee and higher than the nationwide city average. This means that if you work in Tennessee, your paycheck will be free of taxes other than the federal income taxes and the soon to be abolished (2022) hall tax, which is a tax on dividends and interest. To calculate the most affordable cities in Tennessee, the cost of living index for each city was calculated, then compared to the national average of 100. … So we used that cost of living index in order to rank all of the 96 places in Tennessee that have more than 5,000 people. > Compare the Cost of Living in Franklin, Tennessee against another US Cities and States. Franklin is a city in, and the county seat of, Williamson County, Tennessee, United States. Learn what makes Franklin, Tennessee a best place to live, including information about real estate, schools, employers, things to do and more. Coronavirus Tips – Working and Protection, If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your, If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your. FrançaisCoût de la Vie à Franklin Prices and comparisons for the whole range of expenses: food, housing, going out, etc. Compare Costs for Somerby Of Franklin About Somerby Of Franklin Somerby Of Franklin is a board and care home located in Franklin, TN that offers a quaint environment. ItalianoCosto della Vita a Franklin United States Tennessee’s quality of life is high, and its cost of living is low. Home appreciation the last 10 years has been 7.7%. Full cost of living comparison of Little Rock, Arkansas vs Nashville, Tennessee. Franklin, TN. Another constant feature on many best places to live in Tennessee, Germantown should be the first place you look if you are planning to live in the Memphis area. The Hearth at Franklin, Franklin TN. The cost at this property starts at $3,873, while the average cost for a senior living community in Franklin, TN is $4,500. The cost of living in Franklin is 32% higher than the Tennessee average. Healthcare costs make up a significant part of the. The county seat is Franklin. The cost of living in Franklin is going to be approximately 33% less than Downtown Seattle, 63% less to buy a house than San Francisco, and less than the national average when it comes to standard things like groceries, utilities, transportation, and healthcare. If you own a home in your former location the sale of that home needs to be completed as well. The median home value in Tennessee is $170,801, according to NeighborhoodScout. Cost of Living As a matter of fact, NeighborhoodScout reports show that from 2013 to 2018, home values have risen by a cumulative 36.56%, or 6.43% annually. Located just west of historic downtown Franklin, TN, Westhaven is a traditional neighborhood design that offers a return to small town living. This is higher than the national median of $2,490. Things to Do in Franklin, Tennessee There is a lot to see and do in Franklin. Summary about cost of living in Nashville, TN, United States: Family of four estimated monthly costs are 3,451.11$ without rent (using our estimator) . What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. This is higher than the national median of $3,500. Williamson County is a county in the U.S. state of Tennessee.As of the 2010 United States Census, the population was 183,182. > The average cost of assisted living in Franklin is $3,762 per month. March 2019 cost of living index in Franklin County: 79.9 (low, U.S. average is 100) Industries providing employment: Professional, scientific, management, administrative, and waste management services (22.4%), Educational, health and social services (21.4%), Manufacturing (11.2%), Finance, insurance, real estate, and rental and leasing (10.8%). PortuguêsCusto de Vida em Franklin What brings the cost-of-living in Franklin so high is the cost of housing, which is over 100% higher than the nationwide average. Low Cost Senior Housing in Franklin, Tennessee. Updated on Dec 2020. Here Are The 8 Best Places To Live In Tennessee… And Why. This city had 23 different contributors in the past 18 months. We need more contributors for Franklin, TN to increase our data quality. Source: Wikipedia (as of 04/11/2019). The median household income is about $50,000, while the median home value is $176, 500. It has a population of a couple hundred short of 40,000, and if you ask us, this town has it all going for it. The absence of state income tax will make your take-home pay higher and provide more income for the basic, Tennessee is ranked number 36 out of all states in overall healthcare access and affordability. List of prices in Nashville, Tennessee (United States) for food, housing, transportation, going out, and more on Dec 2020. Privacy Policy. Yearly, the mean cost is around $22,869, which is below the national average of $23,100. Heaven on earth. Add data for Franklin, TN Almost everything about living here involves lower prices, including your … 26 Assisted Living Facilities near Franklin, TN There are 26 Assisted Living Facilities in the Franklin area, with 9 in Franklin and 17 nearby. Compare the Cost of Living in Tennessee against another US State. Do you live in Franklin, TN? Listed above are the most affordable places to live in Tennessee with a population of more than 5,000 people. The median home cost in Franklin is $470,400. As many people began escaping the high prices of Nashville, Murfreesboro emerged as an excellent location known for good schools, a plethora of job opportunities and a low cost of living. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, 1 min. Tennessee offers a competitive cost of living experience. Tennessee is consistently ranked among some of the best states in the nation. The average cost of independent living in Franklin is $3,061 per month. Show Less . DeutschLebenshaltungskosten in Franklin Well, okay, not quite, but it’s really nice if you have the money to live here. Get information on cost of living, employment, tax and crime. EspañolCosto de Vida en Franklin, Copyright © 2009-2020 Numbeo. Copyright © 2009-2020 Numbeo. Detailed Information. ... chowing down on the delicious local cuisine and living up the popular nightlife, which has never been hotter. Tennessee general sales tax is 37% higher than the national average. The county is named after Hugh Williamson, a North Carolina politician who signed the U.S. Constitution.Adjusted for relative cost of living, Williamson County is one of the wealthiest counties in the United States. A single person … Besides the down payment, which is usually 15-20% of the selling price, there will be closing costs. Williamson County was primarily rural into the late 20th century, with an economy based on traditional commodity crops and livestock. Love Where You Live. Fountains Of Franklin is a board and care home located in Franklin, TN that offers a home-like environment. A cost of living index above 100 means Franklin, Tennessee is more expensive. 2020 Places with the Lowest Cost of Living in Franklin County About this List Explore the cheapest places to live in America relative to income. The community where a care community is based will have a large impact on the overall cost. These reports also indicate that there isn’t much upward variation around Tennessee’s largest cities. Franklin cost of living is 135.0. The cost of living in Franklin is 17% higher than the national average. Cost of Living in Franklin, Tennessee, United States Access data about cities and countries worldwide. Once you have purchased and moved into your new home, there will be utility and maintenance costs as well as property taxes and home insurance that will contribute to your, Tennessee has no state income tax! Search, browse the 34 reviews below for independent living in Tennessee nationwide average home cost in Franklin, there. 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