Cost of living in Knoxville
Knoxville, located in the state of Tennessee, offers a unique blend of urban and natural attractions. Understanding the cost of living in Knoxville is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of expenses in Knoxville, covering everything from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $12 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $77.5, with prices ranging from $60 to $180.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.5 to $7, imported beer $4 to $7.5, cappuccino $3 to $8, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.9 and $1.03 per liter, averaging $0.97.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.54 and $4.73, with an average price of $3.27.
- Eggs (Dozen) - A dozen eggs range from $1.75 to $5.49, averaging $2.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $5.51 per kg, while oranges range from $1 to $4.39 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1 and $2.76 per kg, and lettuce costs $1 to $3.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1 and $2, with a monthly pass priced between $30 and $200.
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $0.99 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $0.81 to $1.55 per km and $30 to $36 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1400 to $2500, averaging $1658.75.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1050 to $1600, averaging $1275.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1750 to $3700, averaging $2916.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1700 to $3000, averaging $2182.71.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2368 to $6081.61, averaging $3942.27.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2368 to $3100.01, averaging $2658.66.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $102 and $324.8, averaging $204.07.
- Internet - Internet services range from $50 to $100, with an average cost of $67.
Cost of Living Rankings
Knoxville ranks 41st on the Cost of Living rankings in United States. The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Knoxville offers a relatively affordable cost of living compared to larger metropolitan areas. Housing costs are moderate, with a variety of options both in the city centre and outside.
Dining out can be affordable, especially at casual restaurants, while transportation costs are kept low with inexpensive public transport options.
Grocery prices are reasonable, making it easier to manage monthly expenses. Utilities and internet costs are also within a manageable range for most residents.
Conclusion
Overall, Knoxville presents a balanced cost of living, making it an attractive option for individuals and families seeking a city with a moderate expense profile.
With its blend of affordable housing, reasonable dining and grocery costs, and accessible transportation, Knoxville is well-suited for those looking to enjoy a comfortable lifestyle without the high costs associated with larger cities.