CostIndexUSA

Erie, PA vs Knoxville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordablePA
Erie
91
overall index
$1,075/mo rent
TN
Knoxville
92.6
overall index
$1,725/mo rent

Erie is slightly cheaper than Knoxville — 1.8% lower overall cost of living.

To match an $80,000 salary in Erie, you would need $81,400 in Knoxville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+45.8%
Erie
56.8
Knoxville
82.8
🛒 Groceries4.5%
Erie
100.7
Knoxville
96.2
🚗 Transportation2.6%
Erie
102.6
Knoxville
99.9
🏥 Healthcare2.6%
Erie
92.8
Knoxville
90.4
Utilities32.7%
Erie
106.8
Knoxville
71.9

Salary Equivalency Calculator

Enter your current salary in Erie to see what you'd need to earn in Knoxville to maintain the same purchasing power.

$
Equivalent salary in Knoxville, TN
$81,400
$1,400 more needed in Knoxville

Formula: salary × (92.6 ÷ 91) = salary × 1.0176. Based on BEA Regional Price Parities.

Housing Market

Erie, PA

Median Home Price
$209,000
Median Monthly Rent
$1,075
Housing Index
56.8
Price-to-Rent Ratio
16.2×

Knoxville, TN

Median Home Price
$352,000
Median Monthly Rent
$1,725
Housing Index
82.8
Price-to-Rent Ratio
17.0×

Knoxville has 45.8% higher housing costs compared to Erie.

Income & Job Market

Erie, PA

Median Household Income
$60,700
Per Capita Income
$34,600
Unemployment Rate
3.8%
Population
94,831
Top Industries
ManufacturingHealthcareEducationTechnologyRetail

Knoxville, TN

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
3.2%
Population
190,740
Top Industries
HealthcareEducationManufacturingTourismGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Erie, PA
4.7×income-to-rent ratio

79% of income left after rent (median)

Knoxville, TN
3.4×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.