Cost of Living: Franklin, TN vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Franklin, TN versus $4,175/mo in Hastings, NE. In the model, rent is about 27.12% of gross in Franklin, TN versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin, TN and Hastings, NE.
At a glance
- Cheaper overall (lower cost-of-living index): Hastings, NE
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Franklin, TN
Cost of Living Index
Franklin, TN: 100 (U.S. = 100) · Hastings, NE: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Franklin, TN: $1,768/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Franklin, TN is $953/mo higher than in Hastings, NE.
Median Home Price
Franklin, TN: $646,300 · Hastings, NE: $177,200
Median home price in Franklin, TN is $469,100 higher than in Hastings, NE.
Median Household Income
Franklin, TN: $115,000 · Hastings, NE: $61,202
Franklin, TN has a higher median household income than Hastings, NE by $53,798.
Franklin, TN overview · Hastings, NE overview · Popular comparisons