Housing costs in Knoxville?
A typical home costs
$232,800, which is 31.1% less expensive than the national average of
$338,100 and 16.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,250 per month, which is 16.8% more than the national average of
$1,070 and 10.4% more than the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37921), Tennessee, a minimum annual income of
$44,640 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in Knoxville, TN is quite affordable compared to other cities. The median home cost in the city is around $175,000, which is below the national average. In addition, rent prices are also lower than many other cities with a median monthly rent of just over $1000. Property taxes and sales tax are also relatively low when compared to the rest of the country. In general, residents of Knoxville can expect to find a high quality of life at a reasonable price.