A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. In Nashville, the median home value is $110,950, while Knoxville’s is slightly higher at $149,046.Tennessee homes have seen good appreciation rates recently. Median real estate prices in Franklin come in at $342,900, which is 134.9% higher than the Tennessee average. Demographics | Crime | Cost Of Living Updated: 2020-12-30 Franklin, Tennessee Info Snack. Living in Franklin, TN. The city's median household income is $85,571, which is significantly higher than the national median of $51,560. The cost of housing in Franklin is more expensive than the United States average and earns a score of 4 out of 10. As a matter of fact, NeighborhoodScout reports show that from 2013 to 2018, home values have risen by a cumulative 36.56%, or 6.43% annually. This is higher than the national … The cost at this property starts at $3,873, while the average cost for a senior living community in Franklin, TN … The cost of living in Spring Hill, Tennessee (TN) is higher than the average cost of living in the state of Tennessee and higher than the nationwide city average. Compared to only Tennessee, Franklin has a cost of living index that's 1.3x higher than Tennessee's index of 89. This quaint, historic town is a cozy and convenient place to settle and is frequently ranked as one of the best places to retire in the U.S. Somerby Franklin simply sparkles with the best of what Somerby knows how to bring to retirement living. 135. 117 Franklin's Overall Cost Of Living. Assisted Living Facilities Assisted Living & Elder Care Services. According to Zillow, the Median home cost in TN ranges around $164,500-$185,922, with home values having gone up 5.4% over the past year. The overall cost of living is a big influence in deciding which care choice meets the needs of your family. The median home value in Tennessee is $170,801, according to NeighborhoodScout. But if you … Show More . Seniors in Franklin pay an average monthly cost of $4,150 for assisted living, according to the 2019 Genworth Cost of Care Survey. Fountains Of Franklin is a board and care home located in Franklin, TN that offers a home-like environment. Cost of Living in Franklin, TN Are you considering moving to Franklin, TN? Compare Franklin, TN with: We need more contributors for Franklin, TN to increase our data quality. Cost of Living. Assisted living costs average $39,900 per year, … Nearby cities for … The average cost of independent living in Franklin, TN is $2,437 per month. The average cost of independent living in Franklin is $3,061 per month. The city's per capita income is $41,029, which is significantly higher than the national average of $25,611. These reports also indicate that there isn’t much upward variation around Tennessee’s largest cities. Website. Based on 2017 annual averages, Tennessee has the 5th lowest cost of living in the nation at 10.2% below the national average. Wake up to a day filled with opportunity. 1.2x Higher Than The National Average Living Expense Franklin … Location: Franklin, TN. Tennessee’s quality of life is high, and its cost of living is low. The cost of living in Franklin, Tennessee (TN) is higher than the average cost of living in the state of Tennessee and higher than the nationwide city average. You’ll have better things to do and more time to do them at our senior living community in Brentwood, TN. The standard of living in Franklin ranks as #4636 most affordable out of the 6522 places we measured in Tennessee. Assisted Living in Franklin, TN. We’ll let you in on a secret—the cost of living in Tennessee is ideal. Availability is almost guaranteed but you can request information online by filling out the form to the right below or call us at 855-363-2002 for a no-cost… Table Of Contents. The average annual pay in Spring Hill is … There are 10 Independent Living Communities in the Franklin area, with 4 in Franklin and 6 nearby. Median Household Income. Overall Quality Of Life; ... Franklin, TN Cost Of Living. Cost of Living in Franklin. Franklin. Affordable Places To Live In Franklin. If you are thinking about or planning on moving to Tennessee, it’s important to understand what the cost of living is. The community where a care community is based will have a large impact on the overall cost. This guide is a starting point covering the cost of assisted living care in the city, as well as financing options to pay for it. Percent of Adult Population with 401 (k) 21.80 %. The cost of living for expatriates in Nashville-Franklin TN as at October 2020 is average in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of … Me and my spouse is strongly leaning towards moving to nashville around august and was wanting cost of living (Franklin: real estate, car insurance, houses) - Nashville - Tennessee (TN) - City-Data … Median Home Value. The average cost of assisted living in the city is $4,500 a month. Monthly, the median rent in Franklin is about $1,619 and the median home value in Franklin … The Hearth at Franklin, Franklin TN… The Hearth at Franklin is 108% the cost of assisted living in Franklin and 108% the cost of assisted living in Tennessee. These are estimated prices. … Join a fitness class, paint a … $ 100,337. Leave your to-do list to us. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Add data for Franklin, TN. Do you live in Franklin, TN? Show Less . Close to the glitz and glamour of Nashville, Somerby Franklin is tucked away in idyllic Franklin. There are many cost of living comparison calculators online that predict if where you are moving from will be … Seniors in some other Tennessee cities pay more than Franklin … Housing costs like rent and mortgage can eat away at your bottom line. The cost at this home starts at $4,266, while the average cost for a senior living community in Franklin, TN is $4,500. Detailed Information. What is the normal cost of living in nashville? Housing Affordability Index. * In … You’ll find in-depth information on 9 assisted living facilities in Franklin … Assisted Living Costs in Franklin, TN Cost for a single bedroom in Franklin runs between $2,400 to $6,420 a month . The home priceto income ratio compares the median home prices to the median household … According to the most recent data on the cost of living, Franklin has an overall cost of living index of 117 which is 1.2x higher than the national index of 100. $ 385,462. Johnson City. There are 5 independent living communities in Franklin, TN and 14 independent living communities nearby. 3,708 posts, read 6,150,775 times Reputation: 2292. Whether you are coming from Southern California, the East Coast or even the Midwest, we encourage you to try out a Cost of Living … At a board and care home, residents can expect to receive … The average annual pay in Franklin is … Fountains of Franklin. 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