City Comparison

Franklin vs Naples

Cost of Living Comparison · 2026

Franklin

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

Naples

Florida
128
Expensive
$520,000
Median Home
$2,100/mo
Median Rent
$72,178
Median Income

The Verdict

8.6%

The cost gap between these cities is 8.6%, with Naples being the more affordable option. A $75,000 income in Franklin has equivalent purchasing power to $69,065 in Naples.

Category-by-Category Breakdown

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

Housing
230
Franklin
180
Naples
Groceries
100
Franklin
106
Naples
Utilities
97
Franklin
96
Naples
Transportation
90
Franklin
105
Naples
Healthcare
91
Franklin
98
Naples

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $69,065 in Naples.

Conversely, $75,000 in Naples equals $81,445 in Franklin.

Living in Franklin vs Naples

Housing Costs

Franklin's housing index of 230 is higher Naples's 180, translating to median home prices of $750,000 vs $520,000. The $230,000 difference in home prices means roughly $14,952 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $2,100/mo in Naples, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 106 in Naples. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $504/month in Naples. Franklin offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Franklin and 96 in Naples. Monthly utility bills average approximately $388 in Franklin vs $384 in Naples. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Franklin and 98 in Naples. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $118,200 in Franklin and $72,178 in Naples. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $56,389 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 $1,684/month in Naples. In Franklin, median rent of $1,850/mo fits within this budget. In Naples, median rent of $2,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 50 index points — focus your budget analysis there.

Frequently Asked Questions

Naples is 8.6% more affordable overall with an index of 128 vs 139.
A $75,000 salary in Franklin has equivalent purchasing power to approximately $69,065 in Naples, based on the cost of living difference.
Franklin's housing index is 230 with median homes at $750,000, while Naples's is 180 with median homes at $520,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases