Cost of Living in Knoxville, TN: What First-Time Builders Need to Know
Knoxville, Tennessee is quickly becoming a top pick for people looking to settle down, especially first-time home builders. With beautiful mountain... But if you’re new to the area or new to building, you may be wondering: What’s the real cost of living in Knoxville TN? From housing prices and... Housing Costs: Building vs. Buying in Knoxville Let’s start with the biggest cost factor: Your home. The average home price in Knoxville is significantly lower than in many other cities across the US. While national home prices are climbing,... If you’re a first-time homebuyer, building your own home might feel out of reach. However, it’s actually more affordable than many people think.... If you build instead of buying, you can: Avoid costly renovations or hidden repairsPick the floor plan and features you actually wantGet energy-efficient materials and new appliances from... Plus, you get to avoid the bidding war on older homes and maintain more financial control. Monthly Bills: Utilities in East Tennessee Once you’re in your home, what will it cost to maintain it? Luckily, utility costs in Knoxville are typically lower than the national average. Depending on your personal usage and the season, you can typically expect a breakdown similar to the following: Electricity: $120–$150/month (varies by season)Water & Sewer: $40–$60/monthNatural Gas (if needed): $30–$70/monthInternet: $50–$100/month Tennessee Valley Authority (TVA) provides energy to the region, and Knoxville Utilities Board (KUB) offers budget billing options that help you... If you do decide to build from scratch, be sure to ask your builders about energy-efficient windows, appliances, and insulation. These choices can... Taxes and Insurance for Living in Knoxville, TN Another reason people are drawn to East Tennessee? Low taxes. Tennessee has some of the lowest property taxes in the country. In Knox County, you’ll pay about $6.13 per $1,000 of assessed value (not market... Home insurance in Knoxville usually ranges from $1,000–$1,400 per year, depending on your coverage. Homes built with newer, stronger materials may... Transportation and Commuting While Living in Knoxville, TN Knoxville is a driving city. Most people own a car, and public transportation is limited compared to bigger metro areas. Our gas prices are often... If you work remotely or plan to work nearby, you can save even more by building in an area that shortens your drive. If you plan to build with us,... Cost of Daily Essentials in Knoxville Don’t forget to factor in everyday costs like food, shopping, and other essentials! Knoxville’s grocery prices are reasonable and typically close... And whether you love BBQ, southern comfort food, or trendy downtown eats, Knoxville has a great (and affordable!) food scene. You can grab a... Education and Healthcare in Knoxville, TN Knoxville is proud to be home to several highly-rated medical facilities, including UT Medical Center and Parkwest Medical Center. Healthcare costs... Urgent care visits: $100–$150Primary care visits: $100–$200 (without insurance)Prescription medications: Generally affordable with many generic... Knox County Schools serve most of the region and include a mix of public, magnet, and charter options. Private school tuition varies, but is often... Entertainment and Outdoor Living in Knoxville One of the best things about the cost of living in Knoxville TN? You don’t have to spend much to enjoy life. Just a few of the things you can do... Hiking in the SmokiesBoating on local lakesAttending seasonal festivals and farmers' marketsVisiting museums, galleries, and historic sites There’s also a vibrant Knoxville art and music scene. From free concerts in Market Square to UT Vols football games, we always have something going... Budgeting Tips for First-Time Home Builders If you’re thinking of building, here are a few smart ways to stay on track: Know what you can afford: Work with a builder who helps you plan for your total costs, including land, site prep, and permits. Plan for extras: Don’t forget landscaping, furniture, or window treatments. Ask questions: Red Door Homes guides you through every step, from choosing a floor plan to staying within your monthly budget. Think long-term: New homes often come with warranties and lower maintenance needs, saving you money over time. Final Thoughts: Choose Smart With Low Cost of Living in Knoxville TN When it comes to the cost of living in Knoxville TN, it’s easy to see why so many people are making the move. Affordable housing, low taxes, and a... At Red Door Homes, we’re here to help make that dream real, without surprise costs or confusing steps. Whether you're local to Knoxville or moving... Ready to explore your options? Contact us today to start planning your East Tennessee dream home.