Farragut, TN vs Smyrna, TN
There is a significant gap in the cost of living between these two cities. Smyrna is 23% 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 Smyrna 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 $1,366/month in Smyrna — a 24% difference. Home values follow the same pattern: Smyrna is more affordable at $326,700 median vs $513,100.
Median household income in Farragut is $142,402 compared to $78,409 in Smyrna (+81.6%). 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 20.9% in Smyrna.
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