Chesterfield, TN vs Fairmount, TN

There is a significant gap in the cost of living between these two cities. Chesterfield is 25.1% cheaper than Fairmount. With a cost index of 87 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chesterfield to Fairmount should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Chesterfield are $198,000 compared to $482,700 in Fairmount, a 59% gap.

Median household income in Chesterfield is $58,929 compared to $133,232 in Fairmount (-55.8%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.