CostIndexUSA

Knoxville, TN vs Trenton, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Knoxville
92.6
overall index
$1,725/mo rent
NJ
Trenton
103.2
overall index
$2,450/mo rent

Knoxville is moderately cheaper than Trenton — 11.4% lower overall cost of living.

To match an $80,000 salary in Knoxville, you would need $89,200 in Trenton. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+63.2%
Knoxville
82.8
Trenton
135.1
🛒 Groceries+3.7%
Knoxville
96.2
Trenton
99.8
🚗 Transportation+2.9%
Knoxville
99.9
Trenton
102.8
🏥 Healthcare+2.9%
Knoxville
90.4
Trenton
93
Utilities+56.2%
Knoxville
71.9
Trenton
112.3

Salary Equivalency Calculator

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

$
Equivalent salary in Trenton, NJ
$89,200
$9,200 more needed in Trenton

Formula: salary × (103.2 ÷ 92.6) = salary × 1.1145. 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×

Trenton, NJ

Median Home Price
$434,000
Median Monthly Rent
$2,450
Housing Index
135.1
Price-to-Rent Ratio
14.8×

Trenton has 63.2% 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

Trenton, NJ

Median Household Income
$96,200
Per Capita Income
$54,800
Unemployment Rate
5.9%
Population
90,871
Top Industries
GovernmentHealthcareFinanceManufacturingEducation

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)

Trenton, NJ
3.3×income-to-rent ratio

69% 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.