Zip 37921 (Knoxville, TN) Cost of Living


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How much do I need to live in Knoxville, Tennessee?
$3,720 / month
for a family, 31.1% less expensive than the national average A total of $44,640 for the year for a family.
$3,433 / month
for a single person, 28.0% less expensive than the national average A total of $41,200 for the year for a single person.

Knoxville cost of living score
91.8
Less expensive
8.2% lower
than the US average
2.1% higher
than the Tennessee average
Knoxville (zip 37921), Tennessee gets a BestPlaces Cost of Living score of 91.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.2% lower than the U.S. average and 2.1% lower than the average for Tennessee.

Zip 37921 (Knoxville, TN)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesKnoxvilleTennesseeUnited States
    Unlock89.9100.0
  96.0  Unlock100.0
    Unlock100.4100.0
  66.5  Unlock100.0
    Unlock$277,400$338,100
  93.6  Unlock100.0
    Unlock90.2100.0
  102.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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