CostIndexUSA

Knoxville, TN vs Savannah, GA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent
GA
Savannah
95.2
overall index
$1,775/mo rent

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

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

Category Breakdown

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

🏠 Housing+3.9%
Knoxville
82.8
Savannah
86
🛒 Groceries≈ Equal
Knoxville
96.2
Savannah
96.3
🚗 Transportation+3.7%
Knoxville
99.9
Savannah
103.6
🏥 Healthcare+3.7%
Knoxville
90.4
Savannah
93.7
Utilities+23.2%
Knoxville
71.9
Savannah
88.6

Salary Equivalency Calculator

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

$
Equivalent salary in Savannah, GA
$82,200
$2,200 more needed in Savannah

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×

Savannah, GA

Median Home Price
$344,000
Median Monthly Rent
$1,775
Housing Index
86
Price-to-Rent Ratio
16.2×

Savannah has 3.9% 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

Savannah, GA

Median Household Income
$75,200
Per Capita Income
$42,900
Unemployment Rate
4.2%
Population
147,088
Top Industries
TourismMilitaryHealthcareManufacturingLogistics

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)

Savannah, GA
3.5×income-to-rent ratio

72% 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.