City Comparison

Knoxville vs Ocala

Cost of Living Comparison · 2026

Knoxville

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

Ocala

Florida
87
Below Average
$241,000
Median Home
$1,350/mo
Median Rent
$56,400
Median Income

The Verdict

1.1%

The cost gap between these cities is 1.1%, with Ocala being the more affordable option. A $75,000 income in Knoxville has equivalent purchasing power to $74,148 in Ocala.

Category-by-Category Breakdown

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

Housing
73
Knoxville
72
Ocala
Groceries
94
Knoxville
98
Ocala
Utilities
90
Knoxville
90
Ocala
Transportation
97
Knoxville
95
Ocala
Healthcare
93
Knoxville
92
Ocala

Salary Equivalence

A $75,000 salary in Knoxville has the same purchasing power as $74,148 in Ocala.

Conversely, $75,000 in Ocala equals $75,862 in Knoxville.

Living in Knoxville vs Ocala

Housing Costs

Knoxville's housing index of 73 is higher Ocala's 72, translating to median home prices of $240,000 vs $241,000. The $1,000 difference in home prices means roughly $60 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Knoxville compared to $1,350/mo in Ocala, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 94 in Knoxville and 98 in Ocala. A household spending the national average of $475/month on groceries would pay approximately $447/month in Knoxville vs $466/month in Ocala. 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 Knoxville and 90 in Ocala. Monthly utility bills average approximately $360 in Knoxville vs $360 in Ocala. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 93 in Knoxville and 92 in Ocala. 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 $42,898 in Knoxville and $56,400 in Ocala. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $48,748 and $64,828 respectively. Ocala residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,001/month to housing in Knoxville vs $1,316/month in Ocala. In Knoxville, median rent of $1,100/mo exceeds this threshold, suggesting renters may feel stretched. In Ocala, median rent of $1,350/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Groceries, where the gap is 4 index points — focus your budget analysis there.

Frequently Asked Questions

Ocala is 1.1% more affordable overall with an index of 87 vs 88.
A $75,000 salary in Knoxville has equivalent purchasing power to approximately $74,148 in Ocala, based on the cost of living difference.
Knoxville's housing index is 73 with median homes at $240,000, while Ocala's is 72 with median homes at $241,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases