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Cost of Living in Fairgarden, TN

Population: 404 | Tennessee

90
Cost of Living Index
US Average = 100

Fairgarden is 10% less expensive than the national average.

100
Housing
78
Home Values
87
Regional Price

Cost of Living in Fairgarden, TN: What You Need to Know

With a cost of living index of 90, Fairgarden, TN is a very affordable place to live. Living here is 10% cheaper than the national average and 10% above the Tennessee state average of 80. Fairgarden is a small community of 404 residents.

The median household income in Fairgarden is $43,553, which is 42% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Morristown, TN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$43,553
vs US Median ($75,149)
-42%

Housing

Median Home Value
$236,600
Median Monthly Housing Cost
$1,319/mo

Everyday Prices in Fairgarden

BLS Average Prices for the Morristown, TN (Metropolitan Statistical Area) area

$2.89
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.36
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.80
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.91
Chicken breast
per lb
-6% vs US
$0.14
Electricity
per kWh
-24% vs US

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