CostIndexUSA

Knoxville, TN vs Portland, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent
OR
Portland
105.4
overall index
$1,775/mo rent

Knoxville is moderately cheaper than Portland — 13.8% lower overall cost of living.

To match an $80,000 salary in Knoxville, you would need $91,100 in Portland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+51.1%
Knoxville
82.8
Portland
125.1
🛒 Groceries+9.4%
Knoxville
96.2
Portland
105.2
🚗 Transportation+5.2%
Knoxville
99.9
Portland
105.1
🏥 Healthcare+5.2%
Knoxville
90.4
Portland
95.1
Utilities+48.8%
Knoxville
71.9
Portland
107

Salary Equivalency Calculator

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

$
Equivalent salary in Portland, OR
$91,100
$11,100 more needed in Portland

Formula: salary × (105.4 ÷ 92.6) = salary × 1.1382. 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×

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Portland has 51.1% higher housing costs compared to Knoxville.

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

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

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)

Portland, OR
4.5×income-to-rent ratio

78% 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.