Knoxville has consistently proven to have a low cost of living on the index, according to Lawyer. The national average of goods and services and the national cost of living in general is benchmarked at 100, meaning any city with an index below has a cost of living below that of the national average, Allison said.
Is Knoxville expensive to live?
Knoxville’s housing expenses are 29% lower than the national average and the utility prices are 4% lower than the national average. Transportation expenses like bus fares and gas prices are 17% lower than the national average. Knoxville has grocery prices that are 13% lower than the national average.
What salary do you need to live in Knoxville TN?
Living Wage Calculation for Knox County, Tennessee
1 ADULT | 2 ADULTS (1 WORKING) | |
---|---|---|
0 Children | 2 Children | |
Living Wage | $14.92 | $33.11 |
Poverty Wage | $6.19 | $12.74 |
Minimum Wage | $7.25 | $7.25 |
How much money do you need to live comfortably in Knoxville?
Summary about cost of living in Knoxville, TN, United States: Family of four estimated monthly costs are 3,202$ without rent. A single person estimated monthly costs are 909$ without rent. Knoxville is 36.65% less expensive than New York (without rent).
Why is Knoxville TN so expensive?
The cost is getting so high that it is pricing out people who have called Knoxville home for decades. The reason? Rental housing is in high demand. Economic and real-estate experts agree the market conditions are ripe for rental activity.
What are the cons of living in Knoxville Tennessee?
The Pros and Cons of Living in Knoxville, TN
- PRO: Living in Knoxville, TN is Affordable.
- CON: Crime is a Problem in Knoxville, TN.
- PRO: Knoxville, TN has Great Public Schools.
- CON: Public Transportation is Lacking.
- PRO: The Weather in Knoxville is Mild Most of the Year.
- CON: Summers in Knoxville Are Sweltering.
Is Knoxville safe to live?
Knoxville has one of the highest crime rates in America and there is a chance of becoming a victim of either violent or property crime there.
What are the winters like in Knoxville Tennessee?
Daily high temperatures are around 52°F, rarely falling below 34°F or exceeding 70°F. The lowest daily average high temperature is 47°F on January 14. Daily low temperatures are around 34°F, rarely falling below 17°F or exceeding 51°F.
What is living in Knoxville TN like?
Living in Knoxville offers residents a dense suburban feel and most residents rent their homes. In Knoxville there are a lot of restaurants and parks. Many young professionals live in Knoxville and residents tend to lean conservative. The public schools in Knoxville are above average.
Is it cheaper to live in Tennessee or Illinois?
Illinois is 7.4% more expensive than Tennessee.
Is Knoxville a good place to move?
Knoxville scores high in value
Knoxville’s scored best in the value category with a 7.4. “Residents enjoy a cost of living that’s lower than the national average, which is reflected in reasonable housing, utility and transportation costs,” according to the report.
What is the average electric bill in Tennessee?
$123.30
According to the U.S. Energy Information Administration (EIA), the average monthly energy bill in Tennessee is $123.30. That’s $11.63 above the U.S. average energy utility bill of $111.67.
What is great about Knoxville TN?
One of the most beneficial things about Knoxville is that the area offers the amenities of life in a bigger town, but residents are never too far away from peace and quiet, be it a farm or the rolling foothills of the Great Smoky Mountains.
Is it cheaper to live in TN or NC?
Tennessee is 3.1% cheaper than North Carolina.
Is it cheaper to live in Georgia or Tennessee?
Tennessee is 5.7% cheaper than Georgia.
Is it cheaper to live in Tennessee or South Carolina?
Tennessee is 0.8% cheaper than South Carolina.
Why do people move to Knoxville TN?
Experts also say the city offers a different lifestyle. Some people move because the city offers a lower cost of living coupled with no state income tax. Many others may simply want to live in a place with less traffic located near the great outdoors and several national parks.
Does Knoxville get snow?
Knoxville experiences some seasonal variation in monthly snowfall. The snowy period of the year lasts for 2.2 months, from December 20 to February 26, with a sliding 31-day snowfall of at least 1.0 inches. The month with the most snow in Knoxville is January, with an average snowfall of 1.7 inches.
Which city is better Knoxville or Chattanooga?
In terms of population and density, Chattanooga and Knoxville are fairly similar. However, when it comes to diversity, Chattanooga wins compared to Knoxville. It’s much more diverse in Chattanooga as compared with Knoxville.
Is it safe to walk in downtown Knoxville at night?
Absolutely it is safe. I would never encourage anyone to be out in the late hours of the night in any city, but market square and the nearby downtown areas are perfectly safe.
Is Knoxville safer than Nashville?
According to the report, higher than average crime rates in Memphis and Nashville kept Tennessee out of the discussion of the country’s safest states. Knoxville was ranked at the bottom of the list behind Nashville. Knoxville had 10,335 reported crimes in 2019.