Knoxville vs Memphis: Cost of Living Compared (2026)
Updated Jun 2026 (3 months ago) · Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Energy Information Administration
| Metric | Knoxville | Memphis | Difference |
|---|---|---|---|
| Rent (1BR) | $996 | $994 | +0% |
| Median household income | $54,039 | $51,736 | +4% |
| Grocery cost index | 96.2 | 96.2 | — |
| Utilities (monthly) | $127 | $127 | — |
Salary equivalent between cities
Equivalent salary needed
$87,080
- Difference
- $7,080