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Farragut, TN vs Milan, TN

126
Farragut
Tennessee
VS
+94.3%
65
Milan
Tennessee

The cost of living difference between Farragut, TN and Milan, TN is dramatic. Milan is 94.3% cheaper than Farragut, a gap that translates to thousands of dollars per year in household expenses. Farragut has a cost index of 126 while Milan sits at 65, 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 $802/month in Milan — a 111% difference. Home values follow the same pattern: Milan is more affordable at $121,400 median vs $513,100.

Median household income in Farragut is $142,402 compared to $45,608 in Milan (+212.2%). 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 21.1% in Milan.

Income & Cost

Cost of Living Index
Farragut
126
Milan
65
49% cheaper
Median Household Income
Farragut
$142,402
68% higher
Milan
$45,608

Housing

Median Rent
Farragut
$1,691
Milan
$802
53% cheaper
Median Home Value
Farragut
$513,100
Milan
$121,400
76% cheaper
Population
Farragut
24,309
Milan
8,194

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Farragut $2.89
Milan $2.89
US $3.07
🥚
Eggs (grade A, large)
Farragut $2.36
Milan $2.36
US $2.50
🥛
Milk (whole)
Farragut $3.80
Milan $3.80
US $4.03
🍞
Bread (white)
Farragut $1.74
Milan $1.74
US $1.85
🍗
Chicken breast
Farragut $3.91
Milan $3.91
US $4.14
Electricity
Farragut $0.15
Milan $0.14
US $0.19