CostIndexUSA

Knoxville, TN vs Syracuse, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent
NY
Syracuse
95.7
overall index
$1,575/mo rent

Knoxville is slightly cheaper than Syracuse — 3.3% lower overall cost of living.

To match an $80,000 salary in Knoxville, you would need $82,700 in Syracuse. Calculate your salary ↓

Category Breakdown

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

🏠 Housing2.5%
Knoxville
82.8
Syracuse
80.7
🛒 Groceries+3.6%
Knoxville
96.2
Syracuse
99.7
🚗 Transportation+2.7%
Knoxville
99.9
Syracuse
102.6
🏥 Healthcare+2.8%
Knoxville
90.4
Syracuse
92.9
Utilities+85.5%
Knoxville
71.9
Syracuse
133.4

Salary Equivalency Calculator

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

$
Equivalent salary in Syracuse, NY
$82,700
$2,700 more needed in Syracuse

Formula: salary × (95.7 ÷ 92.6) = salary × 1.0335. 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×

Syracuse, NY

Median Home Price
$245,000
Median Monthly Rent
$1,575
Housing Index
80.7
Price-to-Rent Ratio
13.0×

Knoxville has 2.5% lower housing costs compared to Syracuse.

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

Syracuse, NY

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
4%
Population
148,458
Top Industries
HealthcareEducationManufacturingFinanceGovernment

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)

Syracuse, NY
3.9×income-to-rent ratio

74% 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.