Nashville

Cost of living in Franklin

Composed in-house · four inputs · 14% of the overall score
B−
69/100
15th of 20
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The four inputs
Housing cost index132
Nashville 10045% · scores 52
Effective property tax rate0.39%
Nashville 0.47%25% · scores 100
Utilities59
Nashville 10020% · scores 100
Local sales tax9.61%
Nashville median 9.61%10% · scores 8
Vertical rule marks the Nashville reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Nashville suburbs for cost of living

All 20 ranked, Franklin highlighted
1Hartsville/Trousdale CountyA−$337,6002DicksonB+$292,6003LebanonB+$378,4004ColumbiaB$308,7005White HouseB$344,8006SmyrnaB$358,3007GoodlettsvilleB$381,9008MurfreesboroB$402,1009PortlandB$282,20010GallatinB$372,00011La VergneB−$309,90012Spring HillB−$493,80013SpringfieldB−$253,60014Nashville-Davidson metropolitan government (balance)B−$413,60015FranklinB−$705,40016FairviewB−$390,20017HendersonvilleC+$430,70018Mount JulietC$460,10019NolensvilleC−$777,80020BrentwoodD−$1,031,300
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Better than Franklin on cost of living

Franklin grades B− on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall
Columbia23 mi from FranklinB$309k0.55% 47 D Smyrna18 mi from FranklinB$358k0.47% 63 C+ Murfreesboro24 mi from FranklinB$402k0.55% 66 C+ La Vergne18 mi from FranklinB−$310k0.49% 58 C Spring Hill12 mi from FranklinB−$494k0.44% 61 C Nashville-Davidson metropolitan government (balance)18 mi from FranklinB−$414k0.58% 57 C−
Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24