CostIndexUSA

Knoxville, TN vs Ocala, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent
FL
Ocala
95.2
overall index
$1,600/mo rent

Knoxville is slightly cheaper than Ocala — 2.8% lower overall cost of living.

To match an $80,000 salary in Knoxville, you would need $82,200 in Ocala. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+4.1%
Knoxville
82.8
Ocala
86.2
🛒 Groceries≈ Equal
Knoxville
96.2
Ocala
96.2
🚗 Transportation+3.9%
Knoxville
99.9
Ocala
103.8
🏥 Healthcare+3.9%
Knoxville
90.4
Ocala
93.9
Utilities+21.1%
Knoxville
71.9
Ocala
87.1

Salary Equivalency Calculator

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

$
Equivalent salary in Ocala, FL
$82,200
$2,200 more needed in Ocala

Formula: salary × (95.2 ÷ 92.6) = salary × 1.0281. Based on BEA Regional Price Parities.

Housing Market

Knoxville, TN

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

Ocala, FL

Median Home Price
$271,000
Median Monthly Rent
$1,600
Housing Index
86.2
Price-to-Rent Ratio
14.1×

Ocala has 4.1% higher housing costs compared to Knoxville.

Income & Job Market

Knoxville, TN

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

Ocala, FL

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
63,591
Top Industries
HealthcareEquestrianManufacturingRetailAgriculture

Affordability at a Glance

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

Knoxville, TN
3.4×income-to-rent ratio

70% of income left after rent (median)

Ocala, FL
3.1×income-to-rent ratio

67% 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.