Cost of Living in Knoxville, AR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

76.7

100 = national avg

-23.3 vs national average

Living Wage (1 Adult)

$33,731

per year

Living Wage (Family of 4)

$79,727

per year

Cost Index by Category

Housing
71.1
Food
85.8
Transportation
71.6
Healthcare
88.6
Utilities
85.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$674

per month

2 Bedroom

$884

per month

The overall cost of living index in Knoxville is 76.7, which is 23.3% below the national average. Housing costs are below the national average at an index of 71.1. A single adult needs to earn approximately $33,731 per year to cover basic expenses.