Akron vs Knoxville
Cost of Living Comparison · 2026
Akron
Knoxville
The Verdict
The cost gap between these cities is 8.0%, with Akron being the more affordable option. A $75,000 income in Akron has equivalent purchasing power to $81,481 in Knoxville.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Akron has the same purchasing power as $81,481 in Knoxville.
Conversely, $75,000 in Knoxville equals $69,034 in Akron.
Living in Akron vs Knoxville
Housing Costs
Akron's housing index of 60 is lower Knoxville's 73, translating to median home prices of $146,000 vs $240,000. The $94,000 difference in home prices means roughly $6,108 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $1,100/mo in Knoxville, a monthly difference of $225.
Grocery & Food Costs
Grocery expenses index at 106 in Akron and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $447/month in Knoxville. Knoxville offers a meaningful advantage on everyday food costs, saving roughly $684/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 80 in Akron and 90 in Knoxville. Monthly utility bills average approximately $320 in Akron vs $360 in Knoxville. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 88 in Akron and 93 in Knoxville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $48,500 in Akron and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $48,748 respectively. Akron residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Akron vs $1,001/month in Knoxville. In Akron, median rent of $875/mo fits within this budget. In Knoxville, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 13 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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