๐Ÿ“Š Cost of Living Comparison

Knoxville vs Las Vegas

Side-by-side cost of living comparison for 2026

Knoxville

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

Las Vegas

Nevada
101
Average
$350,000
Median Home
$1,400/mo
Median Rent
$56,415
Median Income

๐Ÿ’ก The Verdict

13% cheaper
Knoxville is 13% more affordable than Las Vegas. A $75,000 salary in Las Vegas is equivalent to $65,347 in Knoxville.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
73
Knoxville
106
Las Vegas
Groceries
94
Knoxville
101
Las Vegas
Utilities
90
Knoxville
94
Las Vegas
Transportation
97
Knoxville
107
Las Vegas
Healthcare
93
Knoxville
96
Las Vegas

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$86,080
$75K in Knoxville โ†’ Las Vegas
$65,347
$75K in Las Vegas โ†’ Knoxville

See exact take-home pay: Tennessee salaries ยท Nevada salaries

Living in Knoxville vs Las Vegas

Housing is typically the biggest factor in any cost-of-living comparison. Knoxville has a housing index of 73 while Las Vegas sits at 106 (national average = 100). The median home in Knoxville costs $240,000 compared to $350,000 in Las Vegas, a difference of $110,000. Monthly rent follows a similar pattern: $1,100 in Knoxville versus $1,400 in Las Vegas.

Groceries and everyday expenses show a notable difference: Knoxville scores 94 while Las Vegas scores 101.

Healthcare costs in Knoxville (93) are lower than Las Vegas (96). Both are close to the national average.

Median household income in Knoxville is $42,898 compared to $56,415 in Las Vegas. When adjusted for cost of living, income goes further in Knoxville.

Relocating: Knoxville vs Las Vegas

If you are considering a move between Knoxville (index: 88) and Las Vegas (index: 101), the 13% cost difference has real implications for your budget. Knoxville is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Knoxville can afford $1,001/month, while the median household in Las Vegas can afford $1,316/month. With median homes at $240,000 in Knoxville versus $350,000 in Las Vegas, homeownership requires above-median income in the pricier market.

Renting vs buying: At $1,100/month in Knoxville and $1,400/month in Las Vegas, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes further in Knoxville where costs are 12% below the national average. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Knoxville (88) vs Las Vegas (101)

The cost of living index uses 100 as the national average. Knoxville at 88 is 12% below the US average, while Las Vegas at 101 is 1% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

The overall index is a weighted average of housing (the largest component), groceries, utilities, transportation, and healthcare. Housing typically drives the biggest differences between cities. Even when two cities have similar overall indices, their category-level costs can vary significantly โ€” one city might have expensive housing but cheap groceries, while another is the reverse. Check the category breakdown above for the full picture.

For renters: With median rents of $1,100/month in Knoxville and $1,400/month in Las Vegas, the annual rent difference is approximately $3,600. Over a 5-year period, that compounds to $18,000 in savings by choosing the more affordable city.

For homebuyers: The $110,000 difference in median home prices between Knoxville and Las Vegas translates to roughly $6,600 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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