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What is the cost of living in Knoxville?

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What is the cost of living in Knoxville?

Living in Knoxville, Tennessee is one of the most affordable ways to live in the United States. With its growing population, Knoxville is becoming an increasingly popular residential city for those wishing to relocate for work or leisure. To determine whether Knoxville’s cost of living is cheaper or more expensive compared to the national average, it’s important to compare several factors, such as housing expenses, groceries, transportation, and miscellaneous products or services.

Housing Expenses

Housing expenses in Knoxville have been on the rise in the past several years, but are still below the national estimated average. According to U.S. News Real Estate, the median home price in Knoxville is $181,337, compared to the U.S. median home price of $265,658 per their latest report.Renting a one bedroom apartment in Knoxville is also a more affordable option compared to other cities within the United States. According to RentCafé, monthly rental rates for a one bedroom apartment in Knoxville range between $530 – $1,121, while the U.S. average monthly rental rate for a one bedroom is $2,000.

Groceries

Groceries are often one of the biggest expenses for families. Knoxville residents have access to a variety of stores and vendors, allowing them to buy their groceries at an affordable price. According to Numbeo, in Knoxville, 1 liter (1 qt.) of whole fat milk costs around $0.99, 1 loaf of fresh white bread costs $1.87, 1 kg (2 lb.) of potatoes costs $2.01, 1 dozen fresh eggs costs around $2.37, and 1 kg (2 lb.) of local cheese costs $15.60.

Transportation

Knoxville has a variety of public transportation options, making it easy and affordable for commuters to get from point A to point B. The Knoxville Area Transit (KAT) offers bus services throughout the city and surrounding areas. KAT also provides rideshare options and door-to-door services for people with disabilities who cannot use the bus. As of 2021, a regular fare costs $1.75 per ride and $3.50 for an all-day pass. If you plan to use your own vehicle to get around town, fuel prices within the 2-mile radius of downtown Knoxville will range from $2.31 – $2.41 per gallon according to AAA.

Miscellaneous Products or Services

In Knoxville, many items are cheaper than in other cities across the nation including; clothing, video rental fees and pet care services such as dog walking and grooming services according to BestPlaces. Additionally, Knoxville residents do not have to pay a income tax or state sales tax on any purchase making it probably one of the most cost-efficient cities within the United States when it comes to shopping and overall lifestyle cost of living! Overall, living in Knoxville is much cheaper than its surrounding cities such as Nashville and Chattanooga and is significantly cheaper than other major cities such as San Francisco and New York City where monthly demographic rents range between $3,000 – $5,000 respectively! Each family has its own budget that they have to work with and Knoxville is a great city to find a good deal when buying or renting a new home or property at an affordable price!

An Insider’s Guide to Knoxville, Tennessee

Knoxville, the third-largest city in Tennessee and the home of the University of Tennessee, is a hidden gem of the South. The cost of living in Knoxville is relatively low compared to other metropolitan areas in the United States, but that does not mean that the city lacks in culture, entertainment, or local attractions. Knoxville has a rich history and vibrant present, with opportunities for visitors to experience live music, delicious local cuisine, and stunning outdoor scenery.

Attractions

One of the most iconic attractions in Knoxville is the Tennessee Theatre. This historic venue was opened in 1928 as a movie palace and has since been restored to its original grandeur. Today, the Tennessee Theatre hosts performances ranging from live music to Broadway shows.

For those interested in history, the East Tennessee History Center is a must-visit destination. The center houses exhibits on regional history, including the Civil War, the Great Smoky Mountains, and the history of the Tennessee Valley Authority.

One of Knoxville’s most beloved landmarks is the Sunsphere. Built for the 1982 World’s Fair, the Sunsphere is a 266-foot tower that offers stunning views of the city and the surrounding mountains.

Dining

Knoxville is a foodie’s paradise, with a wide range of dining options available. For classic Southern cuisine, Calhoun’s is a local favorite. This barbecue chain is known for its pulled pork, ribs, and smoked chicken.

Those seeking a modern take on Southern cuisine should try Tupelo Honey. This restaurant offers classic dishes like fried chicken and biscuits, but with a contemporary twist.

For a taste of international cuisine, visit the downtown area’s Market Square, where a variety of restaurants offer options ranging from wood-fired pizzas to sushi.

Cultural Experiences

Knoxville is home to a thriving arts scene, with numerous galleries and performance venues. The Knoxville Museum of Art features rotating contemporary and modern art exhibits and a sunny sculpture garden.

The Bijou Theatre is a historic venue that has hosted some of the biggest names in music, from Bob Dylan to Bon Iver. Catching a show at the Bijou is a must for music lovers.

Local History

For a deeper understanding of Knoxville’s history, visit the Blount Mansion. This 18th-century home was built by William Blount, a signer of the United States Constitution and the first governor of the Southwest Territory.

The Mabry-Hazen House, also located in downtown Knoxville, is a historic home and museum that showcases life in Knoxville during the Civil War. Visitors can tour the home and explore the surrounding gardens.

Off the Beaten Path

For a unique outdoor experience, head to Ijams Nature Center. This 300-acre nature preserve offers hiking trails, rock climbing, and canoeing opportunities, all within the city limits.

The Knox Heritage Walking Tours offer visitors the chance to explore Knoxville’s historic neighborhoods and landmarks on foot. These tours cover a range of topics, from the Civil War to the city’s jazz scene.

Knoxville may be one of the best-kept secrets in the South, but it is a city that deserves to be discovered. With its blend of rich history, cultural experiences, and vibrant dining scene, Knoxville is the perfect destination for travelers seeking an affordable and unforgettable vacation.

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What is the cost of living in Knoxville?

Experience Adventure Like Never Before: Book Your Tour Today!