Collierville, TN vs Farragut, TN

Collierville is moderately more affordable than Farragut, with a 6.5% lower cost of living index. Collierville scores 117 compared to 126 for Farragut, where the US average is 100. This difference means residents of Farragut can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Collierville is $1,574/month compared to $1,691/month in Farragut — a 7% difference. Home values follow the same pattern: Collierville is more affordable at $458,300 median vs $513,100.

Median household income in Collierville is $134,319 compared to $142,402 in Farragut (-5.7%). The higher salaries in Farragut partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Collierville spend roughly 14.1% of their income on rent, less than the 14.2% in Farragut.