CostIndexUSA

Knoxville, TN vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TN
Knoxville
92.6
overall index
$1,725/mo rent
More AffordableOK
Oklahoma City
90.4
overall index
$1,350/mo rent

Oklahoma City is slightly cheaper than Knoxville — 2.4% lower overall cost of living.

To match an $80,000 salary in Knoxville, you would need $78,100 in Oklahoma City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing10.7%
Knoxville
82.8
Oklahoma City
73.9
🛒 Groceries2.5%
Knoxville
96.2
Oklahoma City
93.8
🚗 Transportation≈ Equal
Knoxville
99.9
Oklahoma City
100.2
🏥 Healthcare≈ Equal
Knoxville
90.4
Oklahoma City
90.7
Utilities+3.1%
Knoxville
71.9
Oklahoma City
74.1

Salary Equivalency Calculator

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

$
Equivalent salary in Oklahoma City, OK
$78,100
$1,900 less needed in Oklahoma City

Formula: salary × (90.4 ÷ 92.6) = salary × 0.9762. Based on BEA Regional Price Parities.

Housing Market

Knoxville, TN

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

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

Knoxville has 10.7% lower housing costs compared to Oklahoma City.

Income & Job Market

Knoxville, TN

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

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

Affordability at a Glance

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

Knoxville, TN
3.4×income-to-rent ratio

70% of income left after rent (median)

Oklahoma City, OK
4.3×income-to-rent ratio

77% 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.