Great Falls vs Knoxville
Cost of Living Comparison · 2026
Great Falls
Knoxville
The Verdict
Great Falls is 0.0% less expensive than Knoxville overall. A household earning $75,000 in Great Falls would need approximately $75,000 in Knoxville to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Great Falls has the same purchasing power as $75,000 in Knoxville.
Conversely, $75,000 in Knoxville equals $75,000 in Great Falls.
Living in Great Falls vs Knoxville
Housing Costs
Great Falls's housing index of 82 is higher Knoxville's 73, translating to median home prices of $325,000 vs $240,000. The $85,000 difference in home prices means roughly $5,520 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Great Falls compared to $1,100/mo in Knoxville, a monthly difference of $50.
Grocery & Food Costs
Grocery expenses index at 99 in Great Falls and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $470/month in Great Falls vs $447/month in Knoxville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 90 in Great Falls and 90 in Knoxville. Monthly utility bills average approximately $360 in Great Falls vs $360 in Knoxville. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 92 in Great Falls 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 $55,800 in Great Falls and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,409 and $48,748 respectively. Great Falls residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,302/month to housing in Great Falls vs $1,001/month in Knoxville. In Great Falls, median rent of $1,050/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 9 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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