Retirement Lists

Knoxville, Tennessee

A vibrant aerial view of the iconic Sunsphere amidst fall foliage in Knoxville, Tennessee.

Planning a monthly budget

A local monthly estimate of $2,956 gives you the starting point, with transportation taking the largest share.

Housing
$996
Utilities (in rent)
$226
Food
$460/mo
Transportation
$1,064/mo
Healthcare
$436

Utilities are included in housing so they are not added twice. The separate Utilities row is a reference estimate.

How the total can change

A traveler style stay, a couple household, and long term rent answer different planning questions.

Comfortable Living
$4,145

Good

Cost of Living for Couple
$4,413

Very Good

Typical 1BR Rent
$996

Very Good

Everyday expenses

Dining, transportation, taxes, and car needs can change how the monthly budget feels.

Dining Out
$218/mo

Excellent

Need for a Car
Required
Property Taxes
Low

Good

Overall Feel
Good
Residents 65+ Below Poverty Level
14.4%
65+ Householder — Renter Occupied
31.0%
65+ Households With High Housing Costs
34.1%
Median Household Income, Householder 65+
$40,720

Sources

The budget value gives a starting point for everyday spending. Housing, healthcare, safety, and climate can change what feels comfortable for a household.

Housing mix, exchange rates, healthcare needs, car ownership, and travel style can move a real monthly budget materially.

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