City Comparison

Franklin vs Kent

Cost of Living Comparison · 2026

Franklin

Tennessee
139
Expensive
$750,000
Median Home
$1,850/mo
Median Rent
$118,200
Median Income

Kent

Washington
137
Expensive
$595,000
Median Home
$1,750/mo
Median Rent
$98,300
Median Income

The Verdict

1.5%

Living in Kent costs 1.5% less than Franklin. To match the purchasing power of a $75,000 salary in Franklin, you would need $73,921 in Kent.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
230
Franklin
195
Kent
Groceries
100
Franklin
109
Kent
Utilities
97
Franklin
92
Kent
Transportation
90
Franklin
117
Kent
Healthcare
91
Franklin
122
Kent

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $73,921 in Kent.

Conversely, $75,000 in Kent equals $76,095 in Franklin.

Living in Franklin vs Kent

Housing Costs

Franklin's housing index of 230 is higher Kent's 195, translating to median home prices of $750,000 vs $595,000. The $155,000 difference in home prices means roughly $10,080 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $1,750/mo in Kent, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 109 in Kent. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $518/month in Kent. Franklin offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Franklin and 92 in Kent. Monthly utility bills average approximately $388 in Franklin vs $368 in Kent. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Franklin and 122 in Kent. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 31-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $118,200 in Franklin and $98,300 in Kent. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $71,752 respectively. Franklin residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,758/month to housing in Franklin vs $2,294/month in Kent. In Franklin, median rent of $1,850/mo fits within this budget. In Kent, median rent of $1,750/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 35 index points — focus your budget analysis there.

Frequently Asked Questions

Kent is 1.5% more affordable overall with an index of 137 vs 139.
A $75,000 salary in Franklin has equivalent purchasing power to approximately $73,921 in Kent, based on the cost of living difference.
Franklin's housing index is 230 with median homes at $750,000, while Kent's is 195 with median homes at $595,000.

Moving & Relocation Resources

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