Farragut, TN vs Lenoir City, TN

The cost of living difference between Farragut, TN and Lenoir City, TN is dramatic. Lenoir City is 62% cheaper than Farragut, a gap that translates to thousands of dollars per year in household expenses. Farragut has a cost index of 126 while Lenoir City sits at 78, 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 Farragut is $1,691/month compared to $913/month in Lenoir City — a 85% difference. Home values follow the same pattern: Lenoir City is more affordable at $214,300 median vs $513,100.

Median household income in Farragut is $142,402 compared to $60,480 in Lenoir City (+135.5%). 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 18.1% in Lenoir City.