Salary Needed to Live in Knoxville as a Couple

A couple sharing expenses without children needs approximately $24,667/year to live comfortably in Knoxville, TN — including 12% savings.

Comfortable Salary
$24,667
with 12% savings
Bare Minimum
$20,720
no savings buffer
Monthly Expenses
$1,295
11% below national avg

Detailed Monthly Budget for a Couple in Knoxville

ExpenseKnoxvilleNat'l AvgDiff
🏠 1-2BR Apartment Rent$130$137-5%
🛒 Groceries$30$27+11%
⚡ Utilities$14$19-26%
🚗 Transportation$28$35-20%
🛡️ Car Insurance$201$223-10%
🏥 Health Insurance$51$56-9%
Internet$57$65-12%
Phone (×2)$122$140-13%
Dining & Social$392$450-13%
Entertainment$157$180-13%
Personal Care (×2)$113$130-13%
Total Monthly$1,295$1,462-11%

How We Calculated the Salary

Monthly expenses:$1,295
Target savings (12%):$210/mo
Monthly after-tax needed:$1,505
Effective tax rate:25%

Gross annual salary needed:$24,667

Other Household Types in Knoxville

Single Person
$17,926/yr
$971/mo expenses
Family with Kids
$51,720/yr
$2,586/mo expenses
Retiree
$18,514/yr
$1,080/mo expenses

Related Pages

Living Alone in KnoxvilleCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a couple (no kids) need in Knoxville?
A couple (no kids) needs approximately $24,667/year ($2,056/month gross) to live comfortably in Knoxville with a 12% savings rate.
How much is rent for a couple (no kids) in Knoxville?
A 1-2br apartment in Knoxville costs approximately $130/month, which is the largest single expense at 10% of the total budget.
Is Knoxville affordable for a couple (no kids)?
Yes, Knoxville is 11% more affordable than the national average for a couple (no kids).
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