City Comparison

Knoxville vs Sparks

Cost of Living Comparison · 2026

Knoxville

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

Sparks

Nevada
119
Above Average
$500,000
Median Home
$1,475/mo
Median Rent
$67,200
Median Income

The Verdict

26.1%

The cost gap between these cities is 26.1%, with Knoxville being the more affordable option. A $75,000 income in Knoxville has equivalent purchasing power to $101,420 in Sparks.

Category-by-Category Breakdown

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

Housing
73
Knoxville
162
Sparks
Groceries
94
Knoxville
103
Sparks
Utilities
90
Knoxville
90
Sparks
Transportation
97
Knoxville
122
Sparks
Healthcare
93
Knoxville
88
Sparks

Salary Equivalence

A $75,000 salary in Knoxville has the same purchasing power as $101,420 in Sparks.

Conversely, $75,000 in Sparks equals $55,462 in Knoxville.

Living in Knoxville vs Sparks

Housing Costs

Knoxville's housing index of 73 is lower Sparks's 162, translating to median home prices of $240,000 vs $500,000. The $260,000 difference in home prices means roughly $16,896 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Knoxville compared to $1,475/mo in Sparks, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 94 in Knoxville and 103 in Sparks. A household spending the national average of $475/month on groceries would pay approximately $447/month in Knoxville vs $489/month in Sparks. Knoxville offers a meaningful advantage on everyday food costs, saving roughly $504/year.

Utility Expenses

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

Healthcare

Healthcare costs index at 93 in Knoxville and 88 in Sparks. 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 $67,200 in Sparks. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $48,748 and $56,471 respectively. Sparks 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 $1,568/month in Sparks. In Knoxville, median rent of $1,100/mo exceeds this threshold, suggesting renters may feel stretched. In Sparks, median rent of $1,475/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 89 index points — focus your budget analysis there.

Frequently Asked Questions

Knoxville is 26.1% more affordable overall with an index of 88 vs 119.
A $75,000 salary in Knoxville has equivalent purchasing power to approximately $101,420 in Sparks, based on the cost of living difference.
Knoxville's housing index is 73 with median homes at $240,000, while Sparks's is 162 with median homes at $500,000.

Moving & Relocation Resources

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