salaryKnoxville is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Richmond to live the same way.
🏠 Rent per month
$1,544
$1,644
🛏️ 2-bedroom rent
$1,305
$1,520
💵 Families earn per year
$58,281
$69,657
🔑 Buying a house
$239,700
$353,000
📊 Overall prices (U.S. = 100)
92.6
97.9
🏛️ Property tax per year
$1,527
$3,150
⚡ Electric bill per month
$180
$141
👥 People living there
195,185
229,359
Commute to work
20.2 min
21.7 min
College degree
34.6%
45.6%
Own their home
46.6%
43.5%
Below poverty line
20.2%
18.2%
Unemployment
4.5%
5.7%
Bottom line
- Pick Knoxville for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Richmond for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Knoxville | Richmond | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $28,100 | $38,470 | +37% in Richmond |
| Market Research Analyst | $62,890 | $81,660 | +30% in Richmond |
| Firefighter | $47,160 | $60,790 | +29% in Richmond |
| Dental Hygienist | $84,640 | $104,250 | +23% in Richmond |
| Computer Systems Analyst | $85,730 | $105,190 | +23% in Richmond |
| Registered Nurse | $77,240 | $93,580 | +21% in Richmond |
| Physician Assistant | $107,980 | $126,810 | +17% in Richmond |
| Nurse Practitioner | $109,740 | $127,820 | +16% in Richmond |
Frequently asked questions
Is Knoxville or Richmond cheaper to live in?
Knoxville is about 6% cheaper overall. Rent is $1,544 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Knoxville?
About $63,428 a year gives the same standard of living in Richmond.
Where do people earn more, Knoxville or Richmond?
The typical household earns $58,281 in Knoxville and $69,657 in Richmond, 16% more in Richmond.