Last update: Oct 2026

Cost of Living Comparison Between Franklin, TN and Toronto

For one person, living is cheaper in Toronto: $2,561 a month against $3,159 in Franklin, TN, rent and utilities included – about $7,200 less a year. Rent and utilities account for most of the difference.

160

Cost of Living Index in Franklin, TN
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Franklin, TN Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Franklin, TN

🇺🇸 United States

$3,159

/mo nomad

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monthly Cost of Living

How much you'll spend in Franklin, TN and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Franklin, TN and in Toronto actually costs, broken down by who's living it.

A single person spends $3,159 per month in Franklin, TN vs $2,561 in Toronto, rent included.

Franklin, TN $3,159
Toronto $2,561

A couple spends around $4,404 per month in Franklin, TN vs $3,694 in Toronto, rent included.

Franklin, TN $4,404
Toronto $3,694

A family of three spends $5,649 per month in Franklin, TN vs $4,826 in Toronto, rent included.

Franklin, TN $5,649
Toronto $4,826

Franklin, TN costs about 23% more than Toronto, and outside of rent the biggest gap is in utilities.

Both Franklin, TN and Toronto sit above the global median – Franklin, TN by 134%, Toronto by 90%.

Meal at Budget Restaurant

$23.93 $23.93

$17.18 CA$24.29

39.29%

Three-Course Dinner for Two, Mid-Range

$87.0 $87.0

$76.0 CA$107

14.57%

Fast Food Meal (McDonalds, etc)

$11.89 $11.89

$10.54 CA$14.89

12.81%

Cappuccino

$7.10 $7.10

$4.02 CA$5.68

76.62%

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

$3.34 $3.34

$2.12 CA$3.00

57.55%

Water (0.33 liter bottle)

$2.29 $2.29

$1.75 CA$2.48

30.86%

Local Beer (0.5 liter draught)

$7.47 $7.47

$6.24 CA$8.83

19.71%

Imported Beer (0.33 liter bottle)

$8.05 $8.05

$7.09 CA$10.02

13.54%

Milk (1 liter)

$1.34 $1.34

$2.44 CA$3.45

-45.08%

White Bread (500g)

$3.85 $3.85

$2.68 CA$3.78

43.66%

Rice (white) (1kg)

$2.24 CA$3.17

Eggs

$5.58 $5.58

$3.56 CA$5.03

56.74%

Local Cheese (1kg)

$15.59 $15.59

$9.09 CA$12.85

71.51%

Chicken Fillets (1kg)

$17.82 $17.82

$11.33 CA$16.01

57.28%

Beef Round Steak (1kg)

$14.53 CA$20.55

Apples (1kg)

$3.76 $3.76

$3.62 CA$5.12

3.87%

Banana (1kg)

$2.00 $2.00

$1.21 CA$1.72

65.29%

Oranges (1kg)

$3.60 CA$5.09

Tomato (1kg)

$4.21 CA$5.96

Potato (1kg)

$2.01 $2.01

$1.79 CA$2.53

12.29%

Onion (1kg)

$2.19 $2.19

$1.59 CA$2.25

37.74%

Lettuce (1 head)

$2.44 $2.44

$2.27 CA$3.21

7.49%

Water (1.5 liter bottle)

$1.25 CA$1.77

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

Wine (Bottle)

$12.95 $12.95

$14.27 CA$20.18

-9.25%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

One-way Ticket (Public Transport)

$1.01 $1.01

$2.39 CA$3.38

-57.74%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

Gasoline (1 liter)

$0.85 $0.85

$1.21 CA$1.71

-29.75%

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

$28.2K CA$39.8K

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

$20.3K CA$28.6K

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

$214 $214

$120 CA$170

78.21%

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

$115 $115

$32.26 CA$45.60

256.88%

Internet (50+ Mbps, Unlimited Data)

$91.0 $91.0

$47.93 CA$67.8

89.80%

Gym Membership (Monthly)

$44.10 $44.10

$38.48 CA$54.4

14.60%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$15.91 $15.91

$12.38 CA$17.50

28.51%

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

$395 $395

$830 CA$1,173

-52.38%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

Jeans (Levis 501 Or Similar)

$101 $101

$50.7 CA$71.7

99.35%

Summer Dress (H&M, Zara, etc)

$64.8 $64.8

$40.02 CA$56.6

61.82%

Sport Shoes (Adidas, Nike)

$75.2 $75.2

$98.0 CA$139

-23.25%

Men's Leather Business Shoes

$110 $110

$121 CA$171

-9.21%

1-bedroom Apartment, City Center (Monthly)

$2,060 $2,060

$1,592 CA$2,251

29.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,826 $1,826

$1,410 CA$1,994

29.46%

3-bedroom Apartment, City Center (Monthly)

$3,544 $3,544

$2,670 CA$3,775

32.72%

3-bedroom Apartment, Outside City Center (Monthly)

$2,705 $2,705

$2,152 CA$3,042

25.70%

Buy Apartment in City Center (m2)

$2,825 $2,825

$7,945 CA$11.2K

-64.44%

Buy Apartment Outside City Center (m2)

$2,801 $2,801

$6,542 CA$9,249

-57.19%

Average Monthly Net Salary (After Tax)

$5,994 $5,994

$3,727 CA$5,269

60.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

4.47

47.43%

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

Last update for Franklin, TN: October 11, 2026

Last update for Toronto: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Franklin, TN

$1.8K 57.8%

Toronto

$1.4K 55.1% 22.8% $416

Monthly Utilities & Internet

Franklin, TN

$421 13.3%

Toronto

$201 7.8% 52.3% $220

Eating Out

Franklin, TN

$388 12.3%

Toronto

$278 10.9% 28.3% $110

Groceries & Markets

Franklin, TN

$287 * 9.1%

Toronto

$340 13.3% 18.4% $53

Clothing & Footwear

Franklin, TN

$158 5%

Toronto

$139 5.4% 11.8% $19

Sport & Entertainment

Franklin, TN

$76 2.4%

Toronto

$63 2.5% 16.7% $13

Getting Around

Franklin, TN

$4.1 * 0.1%

Toronto

$129 5.1% 3095% $125

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,060 in Franklin, TN versus $1,592 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 61% higher in Franklin, TN, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $87.0 in Franklin, TN versus $76.0 in Toronto. Groceries tell a different story – $287 in Franklin, TN vs $340 in Toronto – so Franklin, TN wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Franklin, TN

🇨🇦 Toronto

🕒 Local time

17:32 5:32 PM

18:32 6:32 PM

1 h ahead of Franklin, TN

🌤 Weather

👥 Population

83,454

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

On the map

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Between locations

Franklin, TN Toronto 1,070 km ≈ 1 h 45 min nonstop flight

From you

Franklin, TN
Toronto

Distances are measured in a straight line. Your location is detected approximately.

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 Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,159 in Franklin, TN, $2,561 in Toronto – roughly 23% apart. Outside of rent, the biggest gap is in utilities.

For a comfortable life, plan on about $4,739 per month in Franklin, TN and $3,841 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Toronto, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $3,159 in Franklin, TN and $2,561 in Toronto. That's a gap of about 23%.

Kindergarten costs $395 per month in Franklin, TN and $830 in Toronto. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $3,159 in Franklin, TN and $2,561 in Toronto. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Franklin, TN has an edge in some lifestyle areas, with costs from $2,561 in Toronto to $3,159 in Franklin, TN. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Toronto. If higher salaries, better infrastructure, or specific career opportunities are the priority, Franklin, TN makes more sense. Both are solid long-term options with distinct trade-offs.