Knoxville, IA, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Knoxville stands at 88, which is 12% below the national average of 100. This makes Knoxville an attractive option for those seeking to reduce their living expenses while maintaining a reasonable standard of living.
Specifically, housing costs in Knoxville are 20% lower than the national average, with an index of 80. Groceries and utilities are slightly above average, at 90 and 95, respectively. Transportation, healthcare, and miscellaneous costs also remain close to the national average, making Knoxville a balanced choice for cost-conscious individuals.
Knoxville, IA, presents a cost of living that is notably lower than the nationwide average. The housing index in Knoxville stands at 80, which is 20% less than the national average of 100. This suggests that housing costs in Knoxville are significantly more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, Knoxville's grocery index is 90, which is 10% lower than the average. This indicates that groceries in Knoxville are slightly cheaper than the national average. Utilities in Knoxville are at 95, just 5% below the average, showing minimal difference in cost. Transportation costs are also lower, with an index of 85, which is 15% less than the average. Healthcare costs are nearly on par with the national average at 95, showing only a 5% difference. Lastly, miscellaneous expenses, which include items like entertainment and personal care, are at 88, which is 12% below the average. Overall, Knoxville offers a cost of living that is 12% less than the national average, making it a cost-effective place to live.
