City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Franklin | New York | Difference |
|---|---|---|---|
| Median rent | $1,785/mo | $1,714/mo | 4.1% higher in A |
| Median home value | $574,000 | $732,100 | 21.6% lower in A |
| Median household income | $106,592 | $76,607 | 39.1% higher in A |
| Groceries index | 98.7 | 103.2 | 4.4% lower in A |
| Utilities index | 94.8 | 147.4 | 35.7% lower in A |
| Transportation index | 100.5 | 100.7 | ≈ equal |
| Healthcare index | 94.8 | 99.9 | 5.2% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Franklin, you'd need $96,022 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
New York, NY is about 4% cheaper overall than Franklin, TN, based on our cost-of-living index. Housing costs are roughly 4% lower in New York than in Franklin. If you earn $80,000 in Franklin, you'd need about $76,818 in New York to keep the same standard of living.