Miami, FL vs Knoxville, TN: 129 vs 74

$1,657/mo ↑ 48%

Median Rent

$1,116/mo ↓ 33%

$59,390/yr ↑ 16%

Median Income

$50,994/yr ↓ 14%

$475,200 ↑ 122%

Home Value

$214,000 ↓ 55%

$1,666/mo ↑ 55%

Owner Costs

$1,075/mo ↓ 35%

446,663

Population

193,721

Detailed Comparison

When comparing Miami, FL and Knoxville, TN, the overall cost of living indices are 129 and 74 respectively (national median = 100). Rent is $541/month cheaper in Knoxville, saving renters about $6,492/year.

Median household income is $8,396/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $214,000 in Knoxville.

Frequently Asked Questions

Miami vs Knoxville — common questions

Is Miami or Knoxville cheaper to live in?

Based on our cost index, Knoxville is cheaper to live in with an index of 74 compared to 129 (US average = 100).

What is the rent difference between Miami and Knoxville?

Median rent in Miami is $1,657/month and in Knoxville it's $1,116/month — a difference of $541/month.

Which city has higher income, Miami or Knoxville?

Median household income is $59,390 in Miami and $50,994 in Knoxville. Median household income is $8,396/year higher in Miami.

How do taxes compare between Florida and Tennessee?

Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax.

Should I move to Miami or Knoxville?

It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Knoxville has a cost index of 74 with rent of $1,116/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Miami, FL vs Knoxville, TN (2026)

Miami

Knoxville

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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