To help you with your search, browse the 34 reviews below for independent living communities in Franklin. Here Are The 8 Best Places To Live In Tennessee⦠And Why. 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) . The costs per day of independent living in Tennessee range from $24 up to $103, with a median cost running approximately $64. 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. The Hearth at Franklin, Franklin TN. A single person ⦠This is higher than the national median of $3,500. Detailed Information. Prices of restaurants, food, transportation, utilities and housing are included. Cost of Living Do you live in Franklin, TN? Show More . 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. Murfreesboro. The cost at this property starts at $3,873, while the average cost for a senior living community in Franklin, TN is $4,500. This is higher than the national median of $2,490. 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%). Show Less . Updated on Dec 2020. The median home value in Tennessee is $170,801, according to NeighborhoodScout. Nearby cities for which we have more data: 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. We need more contributors for Franklin, TN to increase our data quality. Cost of living in Franklin, TN. This city had 23 different contributors in the past 18 months. 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. If you own a home in your former location the sale of that home needs to be completed as well. Ranking of cost of living by city based on the consumer price index and access to affordable housing (housing-to ⦠The Hearth at Franklin is 108% the cost of assisted living in Franklin and 108% the cost of assisted living in Tennessee. ... chowing down on the delicious local cuisine and living up the popular nightlife, which has never been hotter. > What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Yearly, the mean cost is around $22,869, which is below the national average of $23,100. 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. A cost of living index above 100 means Franklin, Tennessee is more expensive. ItalianoCosto della Vita a Franklin Compare the Cost of Living in Franklin, Tennessee against another US Cities and States. United States Cost of living is low, and housing is affordable ($288,500). Franklin housing is 69% higher than the national average. > 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. 10. Williamson County is a county in the U.S. state of Tennessee.As of the 2010 United States Census, the population was 183,182. About 21 miles (34 km) south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. Franklin is a city in, and the county seat of, Williamson County, Tennessee, United States. Add data for Franklin, TN Almost everything about living here involves lower prices, including your ⦠These cities have the lowest cost of living in all of Tennessee. The average cost of assisted living in Franklin is $3,762 per month. Source: Wikipedia (as of 04/11/2019). Tennessee is consistently ranked among some of the best states in the nation. 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 county seat is Franklin. Sophisticated Victorian mansions and plantation houses donât come cheapâexpect the average house in Franklin to cost you $470,400. Based on 2017 annual averages, Tennessee has the 5th lowest cost of living in the nation at 10.2% below the national average. The Westhaven downtown area will soon offer a variety of shops and restaurants, and a premier design golf course is currently under construction. 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. 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. Greensboro, NC74.90 milesDurham, NC116.18 milesRaleigh, NC139.22 milesCharlotte, NC156.06 miles, Also, consider looking into aggregate data for Average in United States. Franklin, TN. The cost of living in Franklin is 17% higher than the national average. PortuguêsCusto de Vida em Franklin Average prices of more than 40 products and services in Franklin, TN, United StatesDec 2020. Cost of Living. Compare the Cost of Living in Tennessee against another US State. Fountains Of Franklin is a board and care home located in Franklin, TN that offers a home-like environment. Home appreciation the last 10 years has been 7.7%. The median home cost in Franklin is $470,400. Copyright © 2009-2020 Numbeo. 1. Tennessee offers a competitive cost of living experience. 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. Nearby cities for which we have more data: Comparisons improve with every new data that you enter. Coronavirus Tips â 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. The monthly cost averages roughly $1,905 and ranges between $715 and $3,080. The community where a care community is based will have a large impact on the overall cost. Cost of Living in Franklin, Tennessee Franklin, Tennessee's cost of living is 3% lower than the national average. Cost of Living in Franklin, Tennessee, United States Access data about cities and countries worldwide. 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. 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. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. The average cost of independent living in Franklin is $3,061 per month. The cost of living in Tennessee is approximately 20% lower throughout the state then it is across the nation. Weâre proud to offer Viking Pure Solutionsâ disinfecting technology. Why? Franklin cost of living is 135.0. Besides the down payment, which is usually 15-20% of the selling price, there will be closing costs. Terms of Use and 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. ⦠Privacy Policy. EspañolCosto de Vida en Franklin, Copyright © 2009-2020 Numbeo. Tennesseeâs quality of life is high, and its cost of living is low. 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. Cheaper nearby regions include Nashville with an average starting cost of $2,649. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. Low Cost Senior Housing in Franklin, Tennessee. List of prices in Nashville, Tennessee (United States) for food, housing, transportation, going out, and more on Dec 2020. The overall cost of living is a big influence in deciding which care choice meets the needs of your family. Located just west of historic downtown Franklin, TN, Westhaven is a traditional neighborhood design that offers a return to small town 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. Full cost of living comparison of Little Rock, Arkansas vs Nashville, Tennessee. Healthcare costs make up a significant part of the. Things to Do in Franklin, Tennessee There is a lot to see and do in Franklin. Well, okay, not quite, but itâs really nice if you have the money to live here. Monthly, the median rent in Franklin is about $1,619 and the median home value in Franklin ⦠Williamson County was primarily rural into the late 20th century, with an economy based on traditional commodity crops and livestock. Learn what makes Franklin, Tennessee a best place to live, including information about real estate, schools, employers, things to do and more. Compare the Cost of Living in ⦠The cost of living in Franklin is 32% higher than the Tennessee average. 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! The median household income is about $50,000, while the median home value is $176, 500. 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. Your use of this service is subject to our Heaven on earth. The cost at this home starts at $4,266, while the average cost for a senior living community in Franklin, TN is $4,500. 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. 26 Assisted Living Facilities near Franklin, TN There are 26 Assisted Living Facilities in the Franklin area, with 9 in Franklin and 17 nearby. Would you like to live and work in Franklin? The people are kind, the landscape is stunning and the cost of living is nice and low. 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. The place with the lowest cost of living in Tennessee according to the data is Rockwood. Purchasing a home can be a lengthy and complex process. Get information on cost of living, employment, tax and crime. This includes 3 communities in Franklin and 17 nearby. Love Where You Live. These reports also indicate that there isnât much upward variation around Tennesseeâs largest cities. There are 22 low cost senior living communities in Franklin, TN. Related Topics: Medicaid and When it Pays With Assisted Living and Nursing Homes As of 2017, its estimated population was 78,321, and it is the seventh-largest city in Tennessee. DeutschLebenshaltungskosten in 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. FrançaisCoût de la Vie à Franklin Listed above are the most affordable places to live in Tennessee with a population of more than 5,000 people. In Nashville, the median home value is $110,950, while Knoxvilleâs is slightly higher at $149,046.Tennessee homes have seen good appreciation rates recently. 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