Housing costs in Knoxville?
A typical home costs
$274,100, which is 18.9% less expensive than the national average of
$338,100 and 1.2% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,150 per month, which is 7.5% more than the national average of
$1,070 and 2.6% more than the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37918), Tennessee, a minimum annual income of
$52,560 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 37918 Knoxville, TN is relatively low in comparison to other cities. The median home price in Knoxville is $193,300, which is much lower than the national average of around $226,000. Renters can expect to pay an average of $1,100 a month for a two-bedroom apartment or house. Grocery and health care costs in Knoxville are also well below the U.S. averages according to BestPlaces making it an attractive option for both families and those looking to retire on a budget.