Knoxville, TN Cost of Living & Economic Score

Federal Bureau of Economic Analysis cost-of-living and household-budget data for the Knoxville, TN metropolitan statistical area.

B-
InflationRank Score
82 / 100
Solid affordability — better than the U.S. national average.
Metro cost level (RPP)
92.0
8% below U.S. (100)
Cost burden
85
0–100 (higher = cheaper)
Income resilience
72
state-level proxy
State context
view state-level data

Cost of living in Knoxville

According to the U.S. Bureau of Economic Analysis, prices in the Knoxville, TN metropolitan area run 8.0% below the U.S. average (Regional Price Parity index 92.0 on a base of 100). That puts Knoxville close to the middle of the U.S. cost-of-living range.

For broader state context — including state taxes, insurance, and energy costs that affect every Tennessee household — see the Tennessee state report.

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About the InflationRank Score

The InflationRank Score is a proprietary 0–100 composite that summarizes a metro area's cost-of-living and economic conditions on a familiar A–F grading scale. The composite weighs cost level, inflation pressure, and income resilience, sourced from federal government datasets and reviewed annually as federal data refreshes.

Underlying data is drawn from authoritative federal economic agencies and public housing datasets. See full data sources →