Cost of Living / Knoxville, TN Metro
Cost of Living in Knoxville, TN Metro
Official metro name: Knoxville, TN Metro Area
Knoxville, TN Metro has a population of 884,359. Median household income is $66,715 and median rent is $1,012 per month. Rent is roughly 18.2% of median monthly income.
State: TNPopulation: 884,359Income: $66,715Rent: $1,012Affordability: Affordable (18.2%)
Median Household Income
$66,715
Annual (ACS median)
Median Rent
$1,012
Monthly (ACS median gross rent)
Rent as % of Income
18.2%
rent ÷ (income/12)
Cost Index
89
Simplified relative index
Is Knoxville, TN Metro expensive?
Based on median rent and income, Knoxville, TN Metro has a Affordable rent burden. Median rent is $1,012, which is about 18.2% of median monthly household income.
Average rent in Knoxville, TN Metro
Median rent (ACS) is $1,012 per month. (Neighborhoods vary widely.)
How much income do you need in Knoxville, TN Metro?
Median household income (ACS) is $66,715 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in TN
Compare Knoxville, TN Metro with nearby metros:
- Knoxville, TN Metro vs Nashville, TN Metro
- Knoxville, TN Metro vs Memphis, TN Metro
- Knoxville, TN Metro vs Chattanooga, TN Metro
- Knoxville, TN Metro vs Clarksville, TN Metro
- Knoxville, TN Metro vs Kingsport–Bristol, TN Metro
- Knoxville, TN Metro vs Johnson City, TN Metro
- Knoxville, TN Metro vs Jackson, TN Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.