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Cost & Benefits

Franklin vs Memphis

Simple answer

You'd likely save $742 a month in Memphis.

Typical rent is $1,923 in Franklin and $1,181 in Memphis. This is the Census typical rent, not a promise about your lease.

Franklin

Tennessee

Typical rent
$1,923
Typical pay
$119,528 a year
2-bedroom fair rent
$1,798
Price index
96.3 (metro)

Memphis

Tennessee

Typical rent
$1,181
Typical pay
$51,736 a year
2-bedroom fair rent
$1,301
Price index
92.2 (metro)

Benefits after a move

Franklin and Memphis are in the same state, so the benefit rules do not change when you move between them.