Knoxville, PA vs New Albany, PA

Knoxville, PA and New Albany, PA have a very similar cost of living, with only a 0.9% difference in their overall index. Knoxville scores 71 while New Albany scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Knoxville is $1,012/month compared to $924/month in New Albany — a 10% difference. Interestingly, home values tell a different story: while New Albany has cheaper rent, Knoxville actually has lower median home values ($87,500 vs $112,500).

Median household income in Knoxville is $52,500 compared to $72,750 in New Albany (-27.8%). New Albany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Knoxville spend roughly 23.1% of their income on rent, more than the 15.2% in New Albany.