Housing costs in Knoxville?
A typical home costs
$168,800, which is 50.1% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Knoxville costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Knoxville?
To live comfortably in Knoxville, Iowa, a minimum annual income of
$32,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Knoxville?
Knoxville, IA offers a reasonable cost of living compared to other cities in the United States. The median household income is around $45,000 and the median home value is just over $108,000, making it an affordable place to live. Groceries and healthcare are both notably inexpensive compared to national averages, while utility costs such as electricity and water tend to be slightly higher. Housing prices remain incredibly low in Knoxville, with rental rates remaining at a fraction of what one may expect in a larger city. With all of its amenities combined, Knoxville makes for an ideal location for families and individuals looking for an accessible cost of living without sacrificing quality of life.