Knoxville, TN Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Knoxville, TN in 2024?

Overall, on average, a gross annual salary of $52,483 is required for an average quality of life in Knoxville, TN.

Is the Cost of Living High in Knoxville, TN?

Knoxville, TN is ranked 66th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Knoxville, TN's average monthly rent is 39% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Knoxville, TN in 2024?

A gross annual salary of $50,000 in Knoxville, TN will yield an average annual net salary of $45,882. Considering that the total average annual cost of living in Knoxville, TN is $40,937, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Knoxville, TN?

The average monthly rent in Knoxville, TN in the city center is $1,109 for a 1 bedroom apartment, $1,403 for a 2 bedroom apartment and $1,805 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $902 for a 1 bedroom apartment, $1,200 for a 2 bedroom apartment and $1,505 for a 3 bedroom apartment.