City Comparison

Hollywood vs Knoxville

Cost of Living Comparison · 2026

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

Knoxville

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

The Verdict

26.1%

Knoxville is 26.1% less expensive than Hollywood overall. A household earning $75,000 in Hollywood would need approximately $59,459 in Knoxville to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
130
Hollywood
73
Knoxville
Groceries
104
Hollywood
94
Knoxville
Utilities
96
Hollywood
90
Knoxville
Transportation
113
Hollywood
97
Knoxville
Healthcare
96
Hollywood
93
Knoxville

Salary Equivalence

A $75,000 salary in Hollywood has the same purchasing power as $59,459 in Knoxville.

Conversely, $75,000 in Knoxville equals $94,602 in Hollywood.

Living in Hollywood vs Knoxville

Housing Costs

Hollywood's housing index of 130 is higher Knoxville's 73, translating to median home prices of $424,000 vs $240,000. The $184,000 difference in home prices means roughly $11,964 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Hollywood compared to $1,100/mo in Knoxville, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 104 in Hollywood and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $494/month in Hollywood vs $447/month in Knoxville. Knoxville offers a meaningful advantage on everyday food costs, saving roughly $564/year.

Utility Expenses

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

Healthcare

Healthcare costs index at 96 in Hollywood 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 $60,300 in Hollywood and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,324 and $48,748 respectively. Hollywood residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,407/month to housing in Hollywood vs $1,001/month in Knoxville. In Hollywood, median rent of $1,725/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 57 index points — focus your budget analysis there.

Frequently Asked Questions

Knoxville is 26.1% more affordable overall with an index of 88 vs 111.
A $75,000 salary in Hollywood has equivalent purchasing power to approximately $59,459 in Knoxville, based on the cost of living difference.
Hollywood's housing index is 130 with median homes at $424,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

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