Cost of Living: Franklin, TN vs Rockwall, TX
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 Rockwall, TX. In the model, rent is about 27.12% of gross in Franklin, TN versus 26.69% in Rockwall, TX, so Rockwall, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin, TN and Rockwall, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Rockwall, TX
- Lower rent (median 1BR/2BR): Rockwall, TX
- Lower home prices: Rockwall, TX
- Higher median household income: Franklin, TN
Cost of Living Index
Franklin, TN: 100 (U.S. = 100) · Rockwall, TX: 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) · Rockwall, TX: $1,741/mo
Median rent in Franklin, TN is $27/mo higher than in Rockwall, TX.
Median Home Price
Franklin, TN: $646,300 · Rockwall, TX: $382,400
Median home price in Franklin, TN is $263,900 higher than in Rockwall, TX.
Median Household Income
Franklin, TN: $115,000 · Rockwall, TX: $114,926
Franklin, TN has a higher median household income than Rockwall, TX by $74.
Franklin, TN overview · Rockwall, TX overview · Popular comparisons