Farragut, TN Cost Of Living

The latest cost of living statistics for Farragut. Includes statistics on rent, mortgages, healthcare, and other costs for Farragut compared to the state and national averages.

Cost of living in Farragut, Tennessee

Cost of living in Farragut research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Farragut is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

123 Cost of living index 1.2x higher vs US
#103 Cheapest in Tennessee (of 109)
#4,534 Cheapest in the U.S. (of 6,489)
$688,600 Median home value
$1,966 Median rent
$142,093 Median income
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What is the cost of living in Farragut, TN?

According to the most recent data on the cost of living, Farragut has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.

Compared to Tennessee, Farragut has a cost of living index that's 1.3x higher than Tennessee's index of 94.

The standard of living in Farragut ranks as #103 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Farragut ranks as the #6 most expensive place in the Volunteer State.

For more reading on life in Farragut, check out:

Farragut Cost Of Living Vs. Tennessee

Six factors go into calculating the cost of living index in Farragut. Here is how it fares on each of the criteria:

  • The Services index in Farragut is 94.

  • The Groceries index in Farragut is 100.

  • The Health index in Farragut is 184.

  • The Housing index in Farragut is 96.

  • The Transportation index in Farragut is 96.

  • The Utilities index in Farragut is 94.

Living Expense Farragut Tennessee National Average
Overall 123 94 100
Services 94 99 100
Groceries 100 96 100
Health 184 82 100
Housing 96 95 100
Transportation 96 99 100
Utilities 94 98 100

Farragut Cost Of Living Compared To Tennessee Averages

Services
Farragut 94
Tennessee avg 99
Groceries
Farragut 100
Tennessee avg 96
Health
Farragut 184
Tennessee avg 82
Housing
Farragut 96
Tennessee avg 95
Transportation
Farragut 96
Tennessee avg 99
Utilities
Farragut 94
Tennessee avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Tennessee, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Farragut, TN Housing Cost Breakdown

$688,600Median Home Value
$1,966Median Rent
$142,093Median Income

Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Farragut is $688,600.

  • The Median Rent in Farragut is $1,966.

  • The Median Income in Farragut is $142,093.

  • The Home Value To Income in Farragut is 4.8x.

  • The Rent To Monthly Income in Farragut is 0.17x.

Statistic Farragut Tennessee United States
Median Home Value $688,600 $333,650 $332,700
Median Rent $1,966 $1,189 $1,413
Median Income $142,093 $69,595 $80,734
Home Value To Income 4.8x 4.8x 4.1x
Rent To Monthly Income 0.17x 0.21x 0.21x

Farragut, TN Costs By Category

Detailed Farragut Services costs vs. Tennessee
Item Farragut Tennessee
Shampoo $1.23 $1.28
Movie $12.31 $12.13
Bowling $21.6 $18
Haircut $17.07 $24.26
Beauty Salon $42.0 $45.56
Detailed Farragut Groceries costs vs. Tennessee
Item Farragut Tennessee
Ground Beef $5.73 $5.84
Fried Chicken $1.42 $1.57
Milk $4.67 $4.67
Potatoes $5.03 $4.93
Pizza $11.42 $12.09
Beer $10.06 $10.41
Toothpaste $3.69 $3.7
Detailed Farragut Health costs vs. Tennessee
Item Farragut Tennessee
Optometrist $92.0 $125.68
Doctor $112.0 $135.78
Dentist $92.27 $113.29
Detailed Farragut Transportation costs vs. Tennessee
Item Farragut Tennessee
Gasoline $3.11 $3.46
Tire Balancing $52.8 $59.92
Detailed Farragut Utilities costs vs. Tennessee
Item Farragut Tennessee
All Electricity $173.24 $193.99
Phone $192.18 $192.25

Farragut SnackAbility

7.5Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 8/10
Diversity 6/10
SafetyN/A
Amenities 8.5/10
Education 9.5/10
Commute 8.5/10

Cost Of Living In Cities Around Farragut

The cost of living varies in the cities and towns around Farragut. Here's a quick look at the cost of living in the most populous nearby places:

  • Knoxville, TN has a cost of living index of 91, 0.7x Farragut.

  • Oak Ridge, TN has a cost of living index of 95, 0.8x Farragut.

  • Maryville, TN has a cost of living index of 101, 0.8x Farragut.

City Population Cost Of Living Vs. Farragut
Knoxville, TN 195,185 91 0.7x
Oak Ridge, TN 32,693 95 0.8x
Maryville, TN 32,392 101 0.8x
Alcoa, TN 12,222 93 0.8x
Clinton, TN 10,239 94 0.8x
Kingston, TN 6,224 95 0.8x