Fayetteville, TN vs Greeneville, TN
Fayetteville, TN and Greeneville, TN have a very similar cost of living, with only a 4.5% difference in their overall index. Fayetteville scores 71 while Greeneville scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Fayetteville is $753/month compared to $680/month in Greeneville — a 11% difference. Interestingly, home values tell a different story: while Greeneville has cheaper rent, Fayetteville actually has lower median home values ($191,100 vs $210,700).
Median household income in Fayetteville is $50,890 compared to $51,516 in Greeneville (-1.2%). Greeneville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fayetteville spend roughly 17.8% of their income on rent, more than the 15.8% in Greeneville.
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