City Comparison

Franklin vs Stockholm

Cost of Living Comparison · 2026

Franklin

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

43.3%

Stockholm is 43.3% less expensive than Franklin overall. A household earning $75,000 in Franklin would need approximately $52,338 in Stockholm to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
230
Franklin
118
Stockholm
Groceries
100
Franklin
92
Stockholm
Utilities
97
Franklin
88
Stockholm
Transportation
90
Franklin
108
Stockholm
Healthcare
91
Franklin
82
Stockholm

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $52,338 in Stockholm.

Conversely, $75,000 in Stockholm equals $107,474 in Franklin.

Living in Franklin vs Stockholm

Housing Costs

Franklin's housing index of 230 is higher Stockholm's 118, translating to median home prices of $750,000 vs $445,000. The $305,000 difference in home prices means roughly $19,824 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $1,500/mo in Stockholm, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Franklin and 88 in Stockholm. Monthly utility bills average approximately $388 in Franklin vs $352 in Stockholm. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Franklin and 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-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 $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $51,546 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 $1,167/month in Stockholm. In Franklin, median rent of $1,850/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 112 index points — focus your budget analysis there.

Frequently Asked Questions

Stockholm is 43.3% more affordable overall with an index of 97 vs 139.
A $75,000 salary in Franklin has equivalent purchasing power to approximately $52,338 in Stockholm, based on the cost of living difference.
Franklin's housing index is 230 with median homes at $750,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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