Fayetteville, TN Cost Of Living

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

Cost of living in Fayetteville, Tennessee

Cost of living in Fayetteville 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 Fayetteville 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:

89 Cost of living index 0.9x lower vs US
#26 Cheapest in Tennessee (of 109)
#897 Cheapest in the U.S. (of 6,489)
$254,902 Median home value
$779 Median rent
$49,223 Median income
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What is the cost of living in Fayetteville, TN?

According to the most recent data on the cost of living, Fayetteville has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Tennessee, Fayetteville has a cost of living index that's 0.9x lower than Tennessee's index of 94.

The standard of living in Fayetteville ranks as #26 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Fayetteville ranks as the #83 most expensive place in the Volunteer State.

For more reading on life in Fayetteville, check out:

Fayetteville Cost Of Living Vs. Tennessee

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

  • The Services index in Fayetteville is 97.

  • The Groceries index in Fayetteville is 96.

  • The Health index in Fayetteville is 72.

  • The Housing index in Fayetteville is 95.

  • The Transportation index in Fayetteville is 101.

  • The Utilities index in Fayetteville is 91.

Living Expense Fayetteville Tennessee National Average
Overall 89 94 100
Services 97 99 100
Groceries 96 96 100
Health 72 82 100
Housing 95 95 100
Transportation 101 99 100
Utilities 91 98 100

Fayetteville Cost Of Living Compared To Tennessee Averages

Services
Fayetteville 97
Tennessee avg 99
Groceries
Fayetteville 96
Tennessee avg 96
Health
Fayetteville 72
Tennessee avg 82
Housing
Fayetteville 95
Tennessee avg 95
Transportation
Fayetteville 101
Tennessee avg 99
Utilities
Fayetteville 91
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

Fayetteville, TN Housing Cost Breakdown

$254,902Median Home Value
$779Median Rent
$49,223Median 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 Fayetteville is $254,902.

  • The Median Rent in Fayetteville is $779.

  • The Median Income in Fayetteville is $49,223.

  • The Home Value To Income in Fayetteville is 5.2x.

  • The Rent To Monthly Income in Fayetteville is 0.19x.

Statistic Fayetteville Tennessee United States
Median Home Value $254,902 $333,650 $332,700
Median Rent $779 $1,189 $1,413
Median Income $49,223 $69,595 $80,734
Home Value To Income 5.2x 4.8x 4.1x
Rent To Monthly Income 0.19x 0.21x 0.21x

Fayetteville, TN Costs By Category

Detailed Fayetteville Services costs vs. Tennessee
Item Fayetteville Tennessee
Shampoo $1.24 $1.28
Movie $12.52 $12.13
Bowling $22.78 $18
Haircut $24.45 $24.26
Beauty Salon $52.5 $45.56
Detailed Fayetteville Groceries costs vs. Tennessee
Item Fayetteville Tennessee
Ground Beef $6.04 $5.84
Fried Chicken $1.42 $1.57
Milk $4.55 $4.67
Potatoes $5.33 $4.93
Pizza $12.16 $12.09
Beer $10.23 $10.41
Toothpaste $3.85 $3.7
Detailed Fayetteville Health costs vs. Tennessee
Item Fayetteville Tennessee
Optometrist $104.06 $125.68
Doctor $130.44 $135.78
Dentist $113.33 $113.29
Detailed Fayetteville Transportation costs vs. Tennessee
Item Fayetteville Tennessee
Gasoline $3.16 $3.46
Tire Balancing $61.19 $59.92
Detailed Fayetteville Utilities costs vs. Tennessee
Item Fayetteville Tennessee
All Electricity $191.34 $193.99
Phone $188.01 $192.25

Fayetteville SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 5/10
Affordability 7/10
Diversity 8.5/10
Safety 4/10
Amenities 7/10
Education 5/10
Commute 8.5/10

Cost Of Living In Cities Around Fayetteville

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

  • Huntsville, AL has a cost of living index of 96, 1.1x Fayetteville.

  • Murfreesboro, TN has a cost of living index of 109, 1.2x Fayetteville.

  • Decatur, AL has a cost of living index of 87, 1.0x Fayetteville.

City Population Cost Of Living Vs. Fayetteville
Huntsville, AL 222,791 96 1.1x
Murfreesboro, TN 161,445 109 1.2x
Decatur, AL 57,361 87 1.0x
Spring Hill, TN 55,765 117 1.3x
Columbia, TN 45,441 94 1.1x
Athens, AL 29,002 95 1.1x
Tullahoma, TN 21,103 93 1.0x
Scottsboro, AL 15,712 87 1.0x
Manchester, TN 12,944 93 1.0x
Meridianville, AL 11,150 95 1.1x