Knoxville is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Minneapolis to live the same way.
🏠 Rent per month
$1,544
$1,649
🛏️ 2-bedroom rent
$1,305
$1,805
💵 Families earn per year
$58,281
$87,192
🔑 Buying a house
$239,700
$362,200
📊 Overall prices (U.S. = 100)
92.6
104.8
🏛️ Property tax per year
$1,527
$4,339
⚡ Electric bill per month
$180
$91
👥 People living there
195,185
427,246
Commute to work
20.2 min
22 min
College degree
34.6%
55.5%
Own their home
46.6%
47.7%
Below poverty line
20.2%
16%
Unemployment
4.5%
5.9%
Bottom line
- Pick Knoxville for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Minneapolis for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Knoxville | Minneapolis | Difference |
|---|---|---|---|
| Police Officer | $56,380 | $97,190 | +72% in Minneapolis |
| Plumber | $59,860 | $101,630 | +70% in Minneapolis |
| Market Research Analyst | $62,890 | $97,910 | +56% in Minneapolis |
| Carpenter | $50,400 | $74,060 | +47% in Minneapolis |
| Electrician | $58,640 | $81,890 | +40% in Minneapolis |
| HVAC Technician | $56,780 | $77,490 | +36% in Minneapolis |
| Medical Assistant | $38,880 | $52,570 | +35% in Minneapolis |
| Physician Assistant | $107,980 | $145,030 | +34% in Minneapolis |
Frequently asked questions
Is Knoxville or Minneapolis cheaper to live in?
Knoxville is about 13% cheaper overall. Rent is $1,544 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in Knoxville?
About $67,942 a year gives the same standard of living in Minneapolis.
Where do people earn more, Knoxville or Minneapolis?
The typical household earns $58,281 in Knoxville and $87,192 in Minneapolis, 33% more in Minneapolis.