Looking for a fresh start in a new Knoxville neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Knoxville for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 1,537
-11%
Cost of Living Index 82 vs 92
11% lower than Knoxville
Population 326
-10%
Cost of Living Index 83 vs 92
10% lower than Knoxville
Population 1,381
-7%
Cost of Living Index 86 vs 92
7% lower than Knoxville
Population 1,941
-6%
Cost of Living Index 87 vs 92
6% lower than Knoxville
Population 1,645
-5%
Cost of Living Index 88 vs 92
5% lower than Knoxville
Population 2,335
-5%
Cost of Living Index 88 vs 92
5% lower than Knoxville
Population 403
-4%
Cost of Living Index 88 vs 92
4% lower than Knoxville
Population 9,878
-4%
Cost of Living Index 89 vs 92
4% lower than Knoxville
Population 2,333
1%
Cost of Living Index 93 vs 92
1% higher than Knoxville
Population 2,959
2%
Cost of Living Index 94 vs 92
2% higher than Knoxville
Is This the Right Place for You? Local Insights Report
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Local Insights Report