Farragut, TN vs Gallatin, TN
There is a significant gap in the cost of living between these two cities. Gallatin is 23.7% cheaper than Farragut. With a cost index of 102 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gallatin to Farragut should plan for substantially higher expenses across most categories.
On the housing front, median rent in Farragut is $1,691/month compared to $1,299/month in Gallatin — a 30% difference. Home values follow the same pattern: Gallatin is more affordable at $343,700 median vs $513,100.
Median household income in Farragut is $142,402 compared to $73,589 in Gallatin (+93.5%). While Farragut is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farragut spend roughly 14.2% of their income on rent, less than the 21.2% in Gallatin.
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