City Comparison

Clearwater vs Knoxville

Cost of Living Comparison · 2026

Clearwater

Florida
103
Average
$385,000
Median Home
$1,625/mo
Median Rent
$66,400
Median Income

Knoxville

Tennessee
88
Below Average
$240,000
Median Home
$1,100/mo
Median Rent
$42,898
Median Income

The Verdict

17.0%

Knoxville is 17.0% less expensive than Clearwater overall. A household earning $75,000 in Clearwater would need approximately $64,078 in Knoxville to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
115
Clearwater
73
Knoxville
Groceries
102
Clearwater
94
Knoxville
Utilities
101
Clearwater
90
Knoxville
Transportation
100
Clearwater
97
Knoxville
Healthcare
92
Clearwater
93
Knoxville

Salary Equivalence

A $75,000 salary in Clearwater has the same purchasing power as $64,078 in Knoxville.

Conversely, $75,000 in Knoxville equals $87,784 in Clearwater.

Living in Clearwater vs Knoxville

Housing Costs

Clearwater's housing index of 115 is higher Knoxville's 73, translating to median home prices of $385,000 vs $240,000. The $145,000 difference in home prices means roughly $9,420 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,625/mo in Clearwater compared to $1,100/mo in Knoxville, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 102 in Clearwater and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $485/month in Clearwater vs $447/month in Knoxville. Knoxville offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 101 in Clearwater and 90 in Knoxville. Monthly utility bills average approximately $404 in Clearwater vs $360 in Knoxville. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 92 in Clearwater 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 $66,400 in Clearwater and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,466 and $48,748 respectively. Clearwater residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,549/month to housing in Clearwater vs $1,001/month in Knoxville. In Clearwater, median rent of $1,625/mo exceeds this threshold, suggesting renters may feel stretched. 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 42 index points — focus your budget analysis there.

Frequently Asked Questions

Knoxville is 17.0% more affordable overall with an index of 88 vs 103.
A $75,000 salary in Clearwater has equivalent purchasing power to approximately $64,078 in Knoxville, based on the cost of living difference.
Clearwater's housing index is 115 with median homes at $385,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

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