Housing costs in Knoxville?
A typical home costs
$315,800, which is 6.6% less expensive than the national average of
$338,100 and 13.8% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 15.7% more than the state average of
$1,070.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37938), Tennessee, a minimum annual income of
$60,480 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in Knoxville, TN 37938 is fairly affordable compared to other cities. With median home prices around $154,000 and a median household income of over $44,000, the city provides an excellent quality of life at an affordable price. Groceries, healthcare services, and utilities are also lower than the national average. The city also offers plenty of entertainment options and great outdoor activities that make it easy to have fun without breaking the bank.