Cost of Living Comparison Between Franklin, TN and Austin, TX Cost of Living Comparison Between Franklin, TN and Austin, TX

Monthly Cost of Living

Monthly costs for one person with rent: $3,321 in Franklin, TN versus $2,695 in Austin, TX.

Estimated couple costs with rent: $4,660 in Franklin, TN versus $4,184 in Austin, TX.

Monthly costs for a family of three with rent: $5,999 in Franklin, TN versus $5,674 in Austin, TX.

Living in Franklin, TN is roughly 23% more expensive than in Austin, TX, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Franklin, TN 142% above, Austin, TX 96% above.

Meal at Budget Restaurant

$23.78 $23.78

$19.82 $19.82

19.98%

Three-Course Dinner for Two, Mid-Range

$80.5 $80.5

$83.9 $83.9

-4.02%

Fast Food Meal (McDonalds, etc)

$11.81 $11.81

$12.30 $12.30

-3.98%

Cappuccino

$6.99 $6.99

$5.48 $5.48

27.55%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.32 $3.32

$3.72 $3.72

-10.75%

Water (0.33 liter bottle)

$2.47 $2.47

$2.36 $2.36

4.66%

Local Beer (0.5 liter draught)

$7.48 $7.48

$7.76 $7.76

-3.61%

Imported Beer (0.33 liter bottle)

$8.22 $8.22

$9.14 $9.14

-10.07%

Milk (1 liter)

$1.34 $1.34

$1.13 $1.13

18.58%

White Bread (500g)

$3.99 $3.99

$3.75 $3.75

6.40%

Rice (white) (1kg)

$4.80 $4.80

$3.43 $3.43

39.94%

Eggs

$5.78 $5.78

$4.35 $4.35

32.87%

Local Cheese (1kg)

$12.24 $12.24

$13.14 $13.14

-6.85%

Chicken Fillets (1kg)

$17.84 $17.84

$14.39 $14.39

23.97%

Beef Round Steak (1kg)

$17.89 $17.89

$17.20 $17.20

4.01%

Apples (1kg)

$3.80 $3.80

$4.49 $4.49

-15.37%

Banana (1kg)

$1.63 $1.63

$1.44 $1.44

13.19%

Oranges (1kg)

$4.74 $4.74

$4.67 $4.67

1.50%

Tomato (1kg)

$4.41 $4.41

$4.97 $4.97

-11.27%

Potato (1kg)

$2.81 $2.81

$3.00 $3.00

-6.33%

Onion (1kg)

$2.95 $2.95

$2.69 $2.69

9.67%

Lettuce (1 head)

$2.52 $2.52

$1.85 $1.85

36.22%

Water (1.5 liter bottle)

$2.57 $2.57

$2.18 $2.18

17.89%

Cigarettes 20 Pack (Marlboro, Camel)

$10.96 $10.96

$9.45 $9.45

15.98%

Wine (Bottle)

$13.26 $13.26

$15.11 $15.11

-12.24%

Local Beer (0.5 liter bottle)

$2.19 $2.19

$2.89 $2.89

-24.22%

Imported Beer (0.33 liter bottle)

$3.77 $3.77

$3.49 $3.49

8.02%

One-way Ticket (Public Transport)

$2.04 $2.04

$1.64 $1.64

24.39%

Public Transport Monthly Pass (Regular Price)

$40.44 $40.44

Taxi Start (Normal Tariff)

$3.35 $3.35

$2.81 $2.81

19.22%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.58 $1.58

15.82%

Taxi 1hour Waiting (Normal Tariff)

$33.29 $33.29

$35.18 $35.18

-5.37%

Gasoline (1 liter)

$0.79 $0.79

$0.90 $0.90

-12.22%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.3K $36.3K

$35.9K $35.9K

1.21%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$29.2K $29.2K

$27.7K $27.7K

5.49%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$219 $219

$222 $222

-1.26%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$113 $113

$58.3 $58.3

94.40%

Internet (50+ Mbps, Unlimited Data)

$92.5 $92.5

$69.1 $69.1

33.88%

Gym Membership (Monthly)

$45.24 $45.24

$66.2 $66.2

-31.62%

Tennis Court (1 Hour on Weekend)

$14.76 $14.76

Cinema Ticket

$16.24 $16.24

$13.78 $13.78

17.85%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,422 $1,422

$1,526 $1,526

-6.80%

International Primary School, 1 Child (Yearly)

$24.4K $24.4K

$21.2K $21.2K

15.12%

Jeans (Levis 501 Or Similar)

$100 $100

$54.6 $54.6

83.52%

Summer Dress (H&M, Zara, etc)

$63.6 $63.6

$44.01 $44.01

44.49%

Sport Shoes (Adidas, Nike)

$74.2 $74.2

$89.7 $89.7

-17.27%

Men's Leather Business Shoes

$116 $116

$109 $109

6.36%

1-bedroom Apartment, City Center (Monthly)

$2,016 $2,016

$1,942 $1,942

3.83%

1-bedroom Apartment, Outside City Center (Monthly)

$1,813 $1,813

$1,258 $1,258

44.05%

3-bedroom Apartment, City Center (Monthly)

$3,660 $3,660

$3,762 $3,762

-2.71%

3-bedroom Apartment, Outside City Center (Monthly)

$2,645 $2,645

$2,592 $2,592

2.04%

Buy Apartment in City Center (m2)

$2,760 $2,760

$7,403 $7,403

-62.73%

Buy Apartment Outside City Center (m2)

$2,842 $2,842

$3,203 $3,203

-11.28%

Average Monthly Net Salary (After Tax)

$5,961 $5,961

$5,085 $5,085

17.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.07

6.44

-5.75%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Franklin, TN: August 31, 2026

Last update for Austin, TX: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,016 in Franklin, TN and $1,942 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Franklin, TN pays 17% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $81.0 in Franklin, TN vs $84.0 in Austin, TX. Groceries flip the comparison at $445 vs $417, with Austin, TX cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Franklin, TN vs Austin, TX: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 23% lower than in Franklin, TN. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

Average pay runs 17% higher in Franklin, TN, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,016 in Franklin, TN versus $1,942 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,422 in Franklin, TN versus $1,526 in Austin, TX. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Austin, TX – a meal for two runs $84.0 versus $81.0 in Franklin, TN. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,000. Austin, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both work as nomad bases, but Austin, TX delivers better value – similar infrastructure at $2,695 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Austin, TX hard to pass up.

Safety-wise, Franklin, TN and Austin, TX are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Austin, TX gentler on the wallet – expenses run 23% less than in Franklin, TN. Beyond cost, consider language, visa policies, and how big the international community is in each city.