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What Is The Cost Of Living In Knoxville Tennessee? (Solution)

Knoxville cost of living is 85.5

COST OF LIVING Knoxville Tennessee
Overall 85.5 87.6
Grocery 97.2 95.4
Health 95.7 101.9
Housing 75 71.2

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What are fun things to do in Knoxville Tennessee?

  • Best Attractions and Things to Do around Knoxville. Not only does Knoxville offer a number of attractions within the city limits, there are plenty of things to do in nearby Pigeon Forge and the Great Smoky Mountains. From theme parks and camping, to train rides, museums, and other outdoor recreation, Knoxville has plenty of options for travelers.

Is it expensive to live in Knoxville TN?

Knoxville, Tennessee’s cost of living is 18% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

Is it cheaper to live in Knoxville or Nashville?

Knoxville is 15.7% less expensive than Nashville-Davidson. Knoxville housing costs are 33.8% less expensive than Nashville-Davidson housing costs. Health related expenses are 1.0% less in Knoxville.

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Why is Knoxville so expensive?

Most homes in Knoxville and similar cities across the country are selling for way over the asking price. Slyman said that’s the result of low inventory, high demand and out-of-state buyers who can pay in cash and above the asking price. “If it’s not the right house, they’ll sell and find another.

What is the racial makeup of Knoxville TN?

The 5 largest ethnic groups in Knoxville, TN are White (Non-Hispanic) (72.4%), Black or African American (Non-Hispanic) (16.9%), White (Hispanic) (3.73%), Two+ (Non-Hispanic) (2.93%), and Asian (Non-Hispanic) (1.77%). 0% of the households in Knoxville, TN speak a non-English language at home as their primary language.

How much do utilities cost in Knoxville?

Basic utilities in Knoxville cost about $144 a month. This includes electricity, heating, cooling, water, and garbage. Utilities will fluctuate a lot depending on your needs and usage.

Why should I move to Knoxville TN?

Surrounded by the beautifully majestic Appalachian Mountains and steeped in folk and bluegrass culture, Knoxville offers quaint, small-town country charm combined with big city excitement. With a diverse economy, affordable homes, and a friendly community, this city could be a great place to relocate.

What is the best area to live in Knoxville TN?

The Best Neighborhoods in Knoxville, TN

  • Downtown Knoxville. One of the best neighborhoods in Knoxville is the city center itself.
  • Farragut. Farragut is just 20 minutes away from downtown Knoxville along I-40.
  • Oak Ridge.
  • Maryville.
  • Alcoa.
  • Seymour.
  • Norris.
  • Work With the Top Realtors in Knoxville.

Is Knoxville TN a good place to retire?

Low Cost of Living Many seniors are pleasantly surprised to learn that retiring in Knoxville makes strong financial sense. The cost of living is about 4 percent below the national average, according to Forbes, which means you’ll save money on things like housing, groceries, transportation, and recreational activities.

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How much is minimum wage in Knoxville Tennessee?

Tennessee Minimum Wage for 2020, 2021. Tennessee’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Tennessee, with limited exceptions including tipped employees, some student workers, and other exempt occupations.

What is Knoxville TN like to live in?

Knoxville is in Knox County and is one of the best places to live in Tennessee. 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.

What is Alabama 2020 minimum wage?

Alabama. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.

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