New Orleans is 22% more expensive than Knoxville.
When comparing New Orleans, LA and Knoxville, TN, the overall cost of living indices are 90 and 74 respectively (national median = 100). Rent is $95/month cheaper in Knoxville, saving renters about $1,140/year.
Median household income is $4,345/year higher in New Orleans. Home values also differ significantly — the median in New Orleans is $296,400 compared to $214,000 in Knoxville.
Tennessee has no state income tax, giving Knoxville residents a significant tax advantage over Louisiana's 4.25% rate.
New Orleans vs Knoxville — common questions
Other cost of living comparisons for New Orleans and Knoxville