Cost of Living in Farragut, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
177.6
100 = national avg
+77.6 vs national average
Living Wage (1 Adult)
$78,140
per year
Living Wage (Family of 4)
$184,694
per year
Cost Index by Category
Housing202.3
Food158.8
Transportation133.6
Healthcare147.1
Utilities155.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,184
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Farragut is 177.6, which is 77.6% above the national average. Housing costs are above the national average at an index of 202.3. A single adult needs to earn approximately $78,140 per year to cover basic expenses.