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Farragut, TN vs Smyrna, TN

126
Farragut
Tennessee
VS
+23%
102
Smyrna
Tennessee

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.

Income & Cost

Cost of Living Index
Farragut
126
Smyrna
102
19% cheaper
Median Household Income
Farragut
$142,402
45% higher
Smyrna
$78,409

Housing

Median Rent
Farragut
$1,691
Smyrna
$1,366
19% cheaper
Median Home Value
Farragut
$513,100
Smyrna
$326,700
36% cheaper
Population
Farragut
24,309
Smyrna
55,066

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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