Housing costs in Knoxville?
A typical home costs
$470,300, which is 39.1% more expensive than the national average of
$338,100 and 69.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,550 per month, which is 44.9% more than the national average of
$1,070 and 27.7% more than the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37932), Tennessee, a minimum annual income of
$90,000 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 37932 Knoxville, TN is affordable and varies depending on lifestyle. According to the Cost of Living Index, the overall cost of living in Knoxville is 8% lower than the average U.S. city and 5% lower than the national average. Basic necessities such as food, transportation, and healthcare are relatively inexpensive in Knoxville, with housing being the most expensive cost of living for residents. On average, a one bedroom apartment in Knoxville costs approximately $800 per month while a three bedroom can cost up to $1,200 per month. Overall, Knoxville is an affordable place to live with many amenities and attractions that make it an enjoyable place to call home.