City Comparison

Franklin vs Tokyo

Cost of Living Comparison · 2026

Franklin

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

Tokyo

Japan
82
Very Affordable
$450,000
Median Home
$1,225/mo
Median Rent
$42,000
Median Income

The Verdict

69.5%

Tokyo is 69.5% less expensive than Franklin overall. A household earning $75,000 in Franklin would need approximately $44,245 in Tokyo to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
230
Franklin
98
Tokyo
Groceries
100
Franklin
88
Tokyo
Utilities
97
Franklin
85
Tokyo
Transportation
90
Franklin
78
Tokyo
Healthcare
91
Franklin
62
Tokyo

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $44,245 in Tokyo.

Conversely, $75,000 in Tokyo equals $127,134 in Franklin.

Living in Franklin vs Tokyo

Housing Costs

Franklin's housing index of 230 is higher Tokyo's 98, translating to median home prices of $750,000 vs $450,000. The $300,000 difference in home prices means roughly $19,500 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $1,225/mo in Tokyo, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 88 in Tokyo. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $418/month in Tokyo. Tokyo offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Franklin and 85 in Tokyo. Monthly utility bills average approximately $388 in Franklin vs $340 in Tokyo. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 91 in Franklin and 62 in Tokyo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 29-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 $42,000 in Tokyo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $51,220 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 $980/month in Tokyo. In Franklin, median rent of $1,850/mo fits within this budget. In Tokyo, median rent of $1,225/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 132 index points — focus your budget analysis there.

Frequently Asked Questions

Tokyo is 69.5% more affordable overall with an index of 82 vs 139.
A $75,000 salary in Franklin has equivalent purchasing power to approximately $44,245 in Tokyo, based on the cost of living difference.
Franklin's housing index is 230 with median homes at $750,000, while Tokyo's is 98 with median homes at $450,000.

Moving & Relocation Resources

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