Housing costs in Knoxville?
A typical home costs
$303,100, which is 10.4% less expensive than the national average of
$338,100 and 9.3% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,110 per month, which is 3.7% more than the national average of
$1,070 and close to the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37916), Tennessee, a minimum annual income of
$57,960 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 37916 Knoxville, TN is relatively low compared to other cities in the US. The median home cost of $189,800 is significantly lower than the national average of $231,200. Additionally, utilities are more affordable in Knoxville with an average of only $148 per month versus the national average of $173. The overall cost of living in Knoxville is 85% of the national average, making it an attractive option for those looking for a more affordable place to live.