CostIndexUSA

Greensboro, NC vs Knoxville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNC
Greensboro
92.9
overall index
$1,400/mo rent
TN
Knoxville
92.6
overall index
$1,725/mo rent

Greensboro and Knoxville have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+11.1%
Greensboro
74.5
Knoxville
82.8
🛒 Groceries≈ Equal
Greensboro
96.6
Knoxville
96.2
🚗 Transportation3.1%
Greensboro
103.1
Knoxville
99.9
🏥 Healthcare3.1%
Greensboro
93.3
Knoxville
90.4
Utilities19.3%
Greensboro
89.1
Knoxville
71.9

Salary Equivalency Calculator

Enter your current salary in Greensboro to see what you'd need to earn in Knoxville to maintain the same purchasing power.

$
Equivalent salary in Knoxville, TN
$79,700
$300 less needed in Knoxville

Formula: salary × (92.6 ÷ 92.9) = salary × 0.9968. Based on BEA Regional Price Parities.

Housing Market

Greensboro, NC

Median Home Price
$256,000
Median Monthly Rent
$1,400
Housing Index
74.5
Price-to-Rent Ratio
15.2×

Knoxville, TN

Median Home Price
$352,000
Median Monthly Rent
$1,725
Housing Index
82.8
Price-to-Rent Ratio
17.0×

Knoxville has 11.1% higher housing costs compared to Greensboro.

Income & Job Market

Greensboro, NC

Median Household Income
$63,300
Per Capita Income
$36,100
Unemployment Rate
4.1%
Population
296,710
Top Industries
ManufacturingHealthcareEducationRetailGovernment

Knoxville, TN

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
3.2%
Population
190,740
Top Industries
HealthcareEducationManufacturingTourismGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Greensboro, NC
3.8×income-to-rent ratio

73% of income left after rent (median)

Knoxville, TN
3.4×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.