Cost of Living: Knoxville vs Salem (2026)

Knoxville has a 10% lower overall cost of living than Salem as of Q1 2026. A one-bedroom apartment runs $1,300/mo in Knoxville vs $1,450/mo in Salem โ€” a 10% difference. Knoxville has no state income tax, giving residents more take-home pay than those in Salem (9.9% rate).

  • Knoxville is 10% cheaper overall (COL index: 87 vs 97)
  • 1BR rent: $1,300/mo in Knoxville vs $1,450/mo โ€” 10% savings
  • Knoxville has 0% state income tax โ€” saves ~$3,300+/yr at a $75K salary
  • Higher median household income: Salem ($57,000/yr vs $53,000/yr)
  • Median home price: $290,000 in Knoxville vs $380,000 โ€” 24% difference
Category
Knoxville
Tennessee
Salem
Oregon
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,050Best$1,150
1BR rent/mo$1,300Best$1,450
2BR rent/mo$1,700Best$1,950
Median home price$290KBest$380K
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)95Best100
Budget meal (1 person)$12Best$14
Mid-range dinner (2)$50Best$56
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$45Best$72
Gas price/gal$3.05Best$3.80
Car insurance/mo$148$145Best
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$168$125Best
Internet/mo$60Best$63
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$53K$57KBest
State income tax%0.0%Best9.9%
Sales tax (combined)%9.5%0.0%Best
๐ŸŽฌ LeisureQ1 2026
Movie ticket$14.00Best$14.00
Gym membership/mo$35Best$40
Beer at restaurant$5.50Best$6.00
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)87Best97
Walk score / 1002642Best

Frequently asked questions

Is Knoxville cheaper than Salem?

Yes. Knoxville is 10% cheaper than Salem based on overall cost of living indices (87 vs 97, where 100 = US average).

What is the average rent in Knoxville vs Salem?

As of Q1 2026, the median 1-bedroom rent in Knoxville is $1,300/month and in Salem is $1,450/month. Knoxville is cheaper by 10%.

How much do I need to earn in Salem to match a $75,000 salary in Knoxville?

To maintain a similar lifestyle, you would need approximately $83,621/year in Salem to match a $75,000 salary in Knoxville. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Knoxville or Salem?

Knoxville has the lower state income tax rate at 0% vs 9.9%. Knoxville has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Knoxville to Salem?

It depends on your priorities. Knoxville offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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