Published October 23, 2023

I want to move to Tennessee to save money. Should I pick Knoxville or Nashville?

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Written by Michael Riordan

I want to move to Tennessee to save money. Should I pick Knoxville or Nashville? header image.

The state of Tennessee offers a unique blend of Southern charm, stunning landscapes, and vibrant cities, making it a popular destination for both tourists and potential residents. Two of its prominent cities, Knoxville and Nashville, each offer a distinct flavor of Tennessee living. In this blog, we'll delve into the cost of living in Knoxville and Nashville, comparing key aspects to help you make an informed decision about where to call home.

Housing Costs

When it comes to housing costs, Knoxville generally offers more affordable options compared to Nashville. In Knoxville, you'll find a variety of housing types, including single-family homes, apartments, and condos, at prices that are often more budget-friendly than what you'll encounter in Nashville. The median home price in Knoxville tends to be lower than in Nashville, making homeownership more accessible for many.

In contrast, Nashville's booming real estate market has seen an increase in housing prices, especially in desirable neighborhoods like The Gulch and East Nashville. Rental costs can also be higher in Nashville, particularly for apartments in the city center. Knoxville's more favorable housing costs can be a significant advantage for those looking to buy their first home or rent affordably.

Utilities and Transportation

Both Knoxville and Nashville offer fairly reasonable utility costs, with average monthly bills for electricity, water, and gas falling within a similar range. However, Nashville may have slightly higher utility costs, primarily due to its larger population and higher demand for services.

In terms of transportation, Knoxville tends to have a lower cost of living. The city's smaller size means less traffic congestion, shorter commutes, and lower gas expenses. Nashville, being a larger city with more traffic, can lead to longer commutes and slightly higher transportation costs.

Food and Entertainment

Food and entertainment costs can vary depending on your preferences and lifestyle, though since Nashville is a larger city-- you will find more options there. Both cities do have a vibrant dining scene, but Nashville's upscale dining options and higher-end restaurants may be pricier compared to Knoxville. However, both cities offer a range of culinary experiences, from affordable local eateries to gourmet dining, to cater to different budgets.

When it comes to entertainment, both Knoxville and Nashville offer a variety of options, including live music venues, theaters, and cultural events, though Nashville's status as Music City speaks for itself. While ticket prices for certain events and attractions may be slightly higher in Nashville due to its status as a music and entertainment hub, Knoxville provides ample opportunities for entertainment at a more budget-friendly cost.

Conclusion

In the comparison between Knoxville and Nashville's cost of living, Knoxville often emerges as the more affordable choice, particularly in terms of housing costs and transportation. However, the decision between these two Tennessee cities should not solely rest on finances. Consider your lifestyle, career opportunities, and personal preferences when deciding which city aligns better with your goals and desires. Whether you choose Knoxville or Nashville, both cities offer a rich cultural experience and a warm Tennessee welcome.

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