City Comparison

Gresham vs Knoxville

Cost of Living Comparison · 2026

Gresham

Oregon
128
Expensive
$459,000
Median Home
$1,450/mo
Median Rent
$69,600
Median Income

Knoxville

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

The Verdict

45.5%

The cost gap between these cities is 45.5%, with Knoxville being the more affordable option. A $75,000 income in Gresham has equivalent purchasing power to $51,563 in Knoxville.

Category-by-Category Breakdown

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

Housing
172
Gresham
73
Knoxville
Groceries
101
Gresham
94
Knoxville
Utilities
96
Gresham
90
Knoxville
Transportation
126
Gresham
97
Knoxville
Healthcare
103
Gresham
93
Knoxville

Salary Equivalence

A $75,000 salary in Gresham has the same purchasing power as $51,563 in Knoxville.

Conversely, $75,000 in Knoxville equals $109,091 in Gresham.

Living in Gresham vs Knoxville

Housing Costs

Gresham's housing index of 172 is higher Knoxville's 73, translating to median home prices of $459,000 vs $240,000. The $219,000 difference in home prices means roughly $14,232 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,450/mo in Gresham compared to $1,100/mo in Knoxville, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 101 in Gresham and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $480/month in Gresham vs $447/month in Knoxville. Knoxville offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Gresham and 90 in Knoxville. Monthly utility bills average approximately $384 in Gresham vs $360 in Knoxville. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 103 in Gresham and 93 in Knoxville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $69,600 in Gresham and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,375 and $48,748 respectively. Gresham residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,624/month to housing in Gresham vs $1,001/month in Knoxville. In Gresham, median rent of $1,450/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 99 index points — focus your budget analysis there.

Frequently Asked Questions

Knoxville is 45.5% more affordable overall with an index of 88 vs 128.
A $75,000 salary in Gresham has equivalent purchasing power to approximately $51,563 in Knoxville, based on the cost of living difference.
Gresham's housing index is 172 with median homes at $459,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

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