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Cost of living in Knoxville, TN vs US average (2024)

Quick answer

Prices in Knoxville, TN were 7.4% below the US average in 2024 (Regional Price Parity 92.6, US = 100), with a housing-rent index of 82.8, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items92.569
Goods96.247
Housing (rents)82.783
Utilities71.869
Other services95.142
— All items by year —
202492.569
202392.234
202291.240
202189.926
202089.320
201990.751

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Last updated 2026-10-16. Data only, not financial or tax advice.

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