Fairmount, TN vs Smithville, TN

The cost of living difference between Fairmount, TN and Smithville, TN is dramatic. Smithville is 72.5% cheaper than Fairmount, a gap that translates to thousands of dollars per year in household expenses. Fairmount has a cost index of 116 while Smithville sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Fairmount is $1,443/month compared to $676/month in Smithville — a 114% difference. Home values follow the same pattern: Smithville is more affordable at $153,500 median vs $482,700.

Median household income in Fairmount is $133,232 compared to $29,507 in Smithville (+351.5%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmount spend roughly 13% of their income on rent, less than the 27.5% in Smithville.