Housing costs in Knoxville?
A typical home costs
$459,900, which is 36.0% more expensive than the national average of
$338,100 and 65.8% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,400 per month, which is 30.8% more than the national average of
$1,070 and 20.0% more than the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37902), Tennessee, a minimum annual income of
$88,200 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 37902 Knoxville, TN is relatively affordable compared to the national average. The median home value in this area is $150,400, which is below the national average of $227,025. Additionally, for goods and services, the overall cost of living index for 37902 Knoxville, TN is 85.5 compared to the U.S. average of 100. This means that goods and services are 15.5% cheaper than the national average in this area. Renters can find 1-bedroom apartments for rent at an average price of around $874 per month in Knoxville while groceries and health costs are lower than the national average as well. Therefore, overall, living in 37902 Knoxville, TN can be quite affordable for those looking for a place to call home.