Knoxville, IA Cost Of Living
Cost Of Living In Knoxville, IA Summary
Cost of living in Knoxville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Knoxville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Knoxville is 83, with 100 being the average.
The cost of living index in Knoxville is 0.8x lower than the national average.
Knoxville ranks as the #14 cheapest in Iowa out of 80.
Knoxville ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Knoxville is $106,700.
The median income in Knoxville is $52,125.
Table Of Contents
Knoxville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Knoxville, IA?
According to the most recent data on the cost of living, Knoxville has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Iowa, Knoxville has a cost of living index that's 0.9x lower than Iowa's index of 89.
The standard of living in Knoxville ranks as #14 most affordable out of the 80 places we measured in Iowa. By definition, that implies Knoxville ranks as the #66 most expensive place in the Hawkeye State.
For more reading on life in Knoxville, check out:
- Living In Knoxville
- Search Homes For Sale In Knoxville, IA
In Iowa
In America
Knoxville Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Knoxville. Here is how it fairs on each of the criteria:
The Services index in Knoxville is 93.
The Groceries index in Knoxville is 93.
The Health index in Knoxville is 93.
The Housing index in Knoxville is 55.
The Transportation index in Knoxville is 100.
The Utilities index in Knoxville is 90.
| Living Expense | Knoxville | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 83 | 89 | 100 | |
| Services | 93 | 95 | 100 | |
| Groceries | 93 | 98 | 100 | |
| Health | 93 | 99 | 100 | |
| Housing | 55 | 73 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 90 | 94 | 100 | |
Knoxville, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Knoxville is $106,700.
The Median Rent in Knoxville is $719.
The Median Income in Knoxville is $52,125.
The Home Value To Income in Knoxville is 2.0x.
The Rent To Monthly Income in Knoxville is 0.17x.
| Statistic | Knoxville | Iowa | United States |
|---|---|---|---|
| Median Home Value | $106,700 | $160,700 | $244,900 |
| Median Rent | $719 | $845 | $1,163 |
| Median Income | $52,125 | $65,429 | $69,021 |
| Home Value To Income | 2.0x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Knoxville, IA Costs By Category
Detailed Knoxville Services Costs Vs. Iowa
Detailed Knoxville Groceries Costs Vs. Iowa
Detailed Knoxville Health Costs Vs. Iowa
Detailed Knoxville Transportation Costs Vs. Iowa
Detailed Knoxville Utilities Costs Vs. Iowa
Knoxville SnackAbility
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Cost Of Living In Cities Around Knoxville
The cost of living varies in the cities and towns around Knoxville. Here's a quick look at the cost of living in the most populous nearby places:
Warner Robins, GA has a cost of living index of 91, 1.1x Knoxville.
Griffin, GA has a cost of living index of 90, 1.1x Knoxville.
Perry, GA has a cost of living index of 93, 1.1x Knoxville.
| City | Population | Cost Of Living | Vs. Knoxville |
|---|---|---|---|
| Warner Robins, GA | 79,589 | 91 | 1.1x |
| Griffin, GA | 23,300 | 90 | 1.1x |
| Perry, GA | 20,227 | 93 | 1.1x |
| Fort Valley, GA | 8,829 | 84 | 1.0x |
| Locust Grove, GA | 8,816 | 92 | 1.1x |
| Hampton, GA | 8,166 | 92 | 1.1x |
| Centerville, GA | 8,089 | 95 | 1.1x |
| Barnesville, GA | 6,335 | 89 | 1.1x |
| Byron, GA | 5,554 | 94 | 1.1x |
| Jackson, GA | 5,435 | 88 | 1.1x |
