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Winchester, TN

Cost of living in Franklin County, TN

Estimated monthly cost
$2,520/mo
for a single person, all categories combined

Population 43,478 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $723 29%
Healthcare $480 19%
Federal tax $434 17%
Transport $320 13%
Groceries $317 13%
Energy $191 8%
Water $55 2%
State tax $0 0%

Rent in Franklin County

Fair Market Rents by bedroom count.

Studio
$718
per month
1 bedroom
$723
per month
2 bedroom
$948
per month
3 bedroom
$1,244
per month
4 bedroom
$1,511
per month

Source: HUD FMR FY2025

Income and earnings in Franklin County

Annual earnings figures from the Census ACS.

Household income
$61,553
per year
Individual earnings
$36,583
per year
Per capita
$32,926
per year

Source: ACS 2019-2023 5-Year.

Home values in Franklin County

Average values reported by homeowners.

Average home value
$215,700
Annual property tax
$1,218

Source: ACS 2019-2023 5-Year

Energy costs in Franklin County

Estimated monthly electricity and gas costs.

Electricity
$147
per month · 13.4¢/kWh
Natural gas
$44
per month
Annual total
$2,292
per year

Source: EIA

Healthcare in Franklin County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
8.4%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Franklin County

State and local tax rates for Tennessee.

No state income tax
Tennessee does not levy a personal income tax.
State sales tax
7.0%
Combined sales tax
9.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Franklin County

Commute patterns and estimated costs.

Average commute
23.9 min
Drive alone
81.4%
Public transit
0.1%
Work from home
7.6%

Source: ACS

Monthly cost estimates for Franklin County

What it costs to live in Franklin County each month.

Single person
$2,520
per month
  • Rent $723
  • Energy $191
  • Water $55
  • Groceries $317
  • Transport $320
  • Healthcare $480
  • Federal tax $434
  • State tax $0
Couple
$3,728
per month
  • Rent $948
  • Energy $229
  • Water $65
  • Groceries $525
  • Transport $420
  • Healthcare $864
  • Federal tax $677
  • State tax $0
Family
$6,149
per month
  • Rent $1,244
  • Energy $286
  • Water $75
  • Groceries $797
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $677
  • State tax $0

Frequently asked questions about Franklin County

Common questions about cost of living, rent and salary.

What is the average rent in Franklin County?

In Franklin County, TN, a one-bedroom apartment averages $723 per month, a two-bedroom averages $948 per month, a three-bedroom averages $1,244 per month, according to HUD Fair Market Rent data.

What is the average salary in Franklin County?

In Franklin County, TN, the average household income is $61,553 per year and individual earnings for full-time workers average $36,583 per year, according to U.S. Census Bureau data.

What is the cost of living in Franklin County?

The estimated cost of living in Franklin County, TN is approximately $2,520 per month for a single person, $3,728 for a couple, $6,149 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Franklin County?

The combined sales tax rate in Franklin County, TN is 9.55%, which includes the Tennessee state rate of 7.00% plus an average local rate of 2.55%.

Is Franklin County an affordable place to live?

Based on the data, a single person in Franklin County, TN would need approximately $2,520 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $61,553 per year ($5,129 per month). Franklin County is relatively affordable compared to the national average.

How much does healthcare cost in Franklin County?

The ACA marketplace benchmark premium in Franklin County, TN is approximately $480 per month for an individual. Approximately 8.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Franklin County?

The average home value in Franklin County, TN is $215,700, with average annual property taxes of $1,218, according to U.S. Census Bureau data.

How does Franklin County compare to other areas?

You can compare Franklin County, TN with any other US county using our comparison tool at /compare. Franklin County is in the Winchester, TN metro area.

Other counties in Tennessee

Browse the full list of counties in Tennessee, ranked by cost of living.

See all counties in Tennessee

Compare Franklin County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources