KNOXVILLE RANKS AMONG THE LOWEST IN LIVING COSTS AMONG 50 POPULAR PLACES TO RETIRE:
“How will your living costs change if you retire to another town or state?” That was the question addressed in the September/October ‘07 issue of Where to Retire magazine. Knoxville, TN, ranked among the lowest in costs of living for top places to retire.
The costs of living between 50 major U.S. cities and 50 popular retirement locations were compared using data compiled by the research group, ACCRA. Factors included costs of housing, health care, food, transportation, and utilities.
Research shows that if you were to retire from Manhattan to Knoxville, your costs of living would decrease 59%. Knoxville costs would be nearly half of that in San Francisco and Honolulu, and they would be 34 - 44% less than expenses in Bethesda, Boston, Fairbanks, Los Angeles, NYC-Queens, Oakland, San Jose, Stamford, and Washington, DC. No other major city in this study had lower costs of living than Knoxville; only Houston, TX, had the same cost of living index. Click here to view a scanned copy of the chart.
