CostIndexUSA

Gilbert, AZ vs Knoxville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

AZ
Gilbert
103.3
overall index
$1,725/mo rent
More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent

Knoxville is moderately cheaper than Gilbert — 10.4% lower overall cost of living.

To match an $80,000 salary in Gilbert, you would need $71,700 in Knoxville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing31.7%
Gilbert
121.2
Knoxville
82.8
🛒 Groceries+1.3%
Gilbert
95
Knoxville
96.2
🚗 Transportation8.5%
Gilbert
109.2
Knoxville
99.9
🏥 Healthcare8.5%
Gilbert
98.8
Knoxville
90.4
Utilities22.9%
Gilbert
93.3
Knoxville
71.9

Salary Equivalency Calculator

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

$
Equivalent salary in Knoxville, TN
$71,700
$8,300 less needed in Knoxville

Formula: salary × (92.6 ÷ 103.3) = salary × 0.8964. Based on BEA Regional Price Parities.

Housing Market

Gilbert, AZ

Median Home Price
$442,000
Median Monthly Rent
$1,725
Housing Index
121.2
Price-to-Rent Ratio
21.4×

Knoxville, TN

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

Gilbert has 31.7% lower housing costs compared to Knoxville.

Income & Job Market

Gilbert, AZ

Median Household Income
$85,700
Per Capita Income
$48,800
Unemployment Rate
3.8%
Population
254,114
Top Industries
TechnologyHealthcareFinanceManufacturingRetail

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).

Gilbert, AZ
4.1×income-to-rent ratio

76% 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.