City Comparison

Franklin vs Worcester

Cost of Living Comparison · 2026

Franklin

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

Worcester

Massachusetts
125
Expensive
$340,000
Median Home
$1,600/mo
Median Rent
$52,228
Median Income

The Verdict

11.2%

The cost gap between these cities is 11.2%, with Worcester being the more affordable option. A $75,000 income in Franklin has equivalent purchasing power to $67,446 in Worcester.

Category-by-Category Breakdown

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

Housing
230
Franklin
152
Worcester
Groceries
100
Franklin
106
Worcester
Utilities
97
Franklin
122
Worcester
Transportation
90
Franklin
103
Worcester
Healthcare
91
Franklin
115
Worcester

Salary Equivalence

A $75,000 salary in Franklin has the same purchasing power as $67,446 in Worcester.

Conversely, $75,000 in Worcester equals $83,400 in Franklin.

Living in Franklin vs Worcester

Housing Costs

Franklin's housing index of 230 is higher Worcester's 152, translating to median home prices of $750,000 vs $340,000. The $410,000 difference in home prices means roughly $26,652 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Franklin compared to $1,600/mo in Worcester, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 100 in Franklin and 106 in Worcester. A household spending the national average of $475/month on groceries would pay approximately $475/month in Franklin vs $504/month in Worcester. 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 122 in Worcester. Monthly utility bills average approximately $388 in Franklin vs $488 in Worcester. 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 115 in Worcester. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-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 $52,228 in Worcester. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,036 and $41,782 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 $1,219/month in Worcester. In Franklin, median rent of $1,850/mo fits within this budget. In Worcester, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 78 index points — focus your budget analysis there.

Frequently Asked Questions

Worcester is 11.2% more affordable overall with an index of 125 vs 139.
A $75,000 salary in Franklin has equivalent purchasing power to approximately $67,446 in Worcester, based on the cost of living difference.
Franklin's housing index is 230 with median homes at $750,000, while Worcester's is 152 with median homes at $340,000.

Moving & Relocation Resources

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