Knoxville, TN vs Richmond, VA
Cost of Living Comparison
Knoxville, TN is more affordable by 5.3 index points
Side-by-Side Comparison
| Category | Knoxville, TN | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 92.6 | 97.9 | -5.3 |
| Housing | 82.8 | 99.1 | -16.4 |
| Goods | 96.2 | 96.8 | -0.5 |
| Utilities | 71.9 | 89.2 | -17.4 |
| Other Services | 95.1 | 98.6 | -3.5 |
Income & Housing Comparison
| Metric | Knoxville, TN | Richmond, VA |
|---|---|---|
| Median Household Income | $66,715 | $80,877 |
| Median Home Value | $230,700 | $299,100 |
| Median Monthly Rent | $1,012 | $1,307 |
| Per Capita Income | $37,262 | $44,141 |
Frequently Asked Questions
Is Knoxville, TN or Richmond, VA cheaper to live in?
Knoxville, TN is more affordable. The cost of living difference is 5.3 index points (Knoxville, TN: 92.6, Richmond, VA: 97.9).
Where is housing cheaper, Knoxville, TN or Richmond, VA?
Housing is more affordable in Knoxville, TN. Housing index: Knoxville, TN (82.8) vs Richmond, VA (99.1).