Moving from Melbourne to Knoxville (2026)

Knoxville has a COL index of 87 vs 110 for Melbourne (100 = US average). You'd pay about 21% less for the same lifestyle.

Save ~$3,113/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
110 โ†’ 87
100 = US avg
1BR rent
$1,600 โ†’ $1,300
per month
State tax
45% โ†’ None
income tax
COL difference
110 โ†’ 87
21% cheaper

Salary needed in Knoxville to match your Melbourne lifestyle

Based on the 21% cost of living decrease between the two cities.

Your salary in MelbourneEquivalent in Knoxville
$40K$31,636
$50K$39,545
$60K$47,455
$75K$59,318
$80K$63,273
$100K$79,091
$120K$94,909
$150K$118,636

Adjust your salary

Save ~$388/moon core expenses at $75K

Monthly budget at $75K โ€” Melbourne vs Knoxville

ExpenseMelbourneKnoxville
Monthly take-home$3,000$4,741
1BR rent$1,600$1,300
Groceries$380$361
Transport$150$45
Utilities$130$168
Internet$62$60
Left after essentials$678$2,807

30-Year Wealth Builder

If you invest your monthly savings of $388 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$473,349

over 30 years compared to staying in Melbourne โ€” that's the real price of a city.

$388/mo invested

Frequently asked questions

Is Knoxville cheaper than Melbourne?

Yes. Knoxville has a cost of living index of 87 vs 110 for Melbourne (100 = US average). That's about 21% cheaper.

How much will I save moving from Melbourne to Knoxville?

On a $75K salary, moving from Melbourne to Knoxville saves roughly $3,113/month on core expenses. That's ~$37,356/year.

What salary do I need in Knoxville to match my Melbourne lifestyle?

To maintain the same purchasing power as $75,000 in Melbourne, you'd need roughly $59,318/year in Knoxville. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only