Farragut, TN, offers a cost of living that is slightly below the national average. The overall cost of living index for Farragut stands at 93, which is 7% lower than the nationwide average of 100. This makes Farragut an attractive option for those seeking a more affordable lifestyle while still maintaining a quality of life comparable to the national standard.
The cost of living in Farragut, Tennessee, presents a favorable comparison to the nationwide average. Housing costs in Farragut stand at 87, which is 13% lower than the national average of 100. This makes housing more affordable for residents, offering a significant advantage for those looking to settle in the area.
Additionally, other living expenses in Farragut also compare well to the national average. Groceries cost 95, which is 5% lower than the average. Utilities are priced at 90, 10% below the national average. Transportation costs are 94, just 6% below the average. Healthcare costs are slightly higher at 98, only 2% above the national average. Miscellaneous expenses are at 92, which is 8% below the average. Overall, Farragut provides a cost-effective living environment with most expenses below the national average.
