Cost of Living: Franklin, TN vs Murfreesboro, TN
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 $4,516/mo in Murfreesboro, TN. In the model, rent is about 27.12% of gross in Franklin, TN versus 20.06% in Murfreesboro, TN, so Murfreesboro, TN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin, TN and Murfreesboro, TN.
At a glance
- Cheaper overall (lower cost-of-living index): Murfreesboro, TN
- Lower rent (median 1BR/2BR): Murfreesboro, TN
- Lower home prices: Murfreesboro, TN
- Higher median household income: Franklin, TN
Cost of Living Index
Franklin, TN: 100 (U.S. = 100) · Murfreesboro, TN: 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) · Murfreesboro, TN: $1,308/mo
Median rent in Franklin, TN is $460/mo higher than in Murfreesboro, TN.
Median Home Price
Franklin, TN: $646,300 · Murfreesboro, TN: $365,100
Median home price in Franklin, TN is $281,200 higher than in Murfreesboro, TN.
Median Household Income
Franklin, TN: $115,000 · Murfreesboro, TN: $76,241
Franklin, TN has a higher median household income than Murfreesboro, TN by $38,759.
Franklin, TN overview · Murfreesboro, TN overview · Popular comparisons