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It can be safe to buy or live in a house with knob and tube (K&T) wiring, but only if the system is in good condition, functional, and has been thoroughly inspected and approved by a licensed electrician. Never purchase a home with K&T wiring without getting a professional electrical inspection first.

Key considerations include:

• Safety and Condition: An inspector will verify that the wiring is safe and has not deteriorated. Over time, the insulation can wear away, leaving exposed wires that pose a significant fire or shock hazard.

• System Capacity: The electrical service should be at least 60 amps. However, even at this capacity, K&T systems often struggle to handle the demands of modern appliances and electronics.

• Lack of Grounding: Knob and tube wiring is an ungrounded system, which is a safety concern for many modern devices.

• Ongoing Maintenance: If you live in a home with K&T wiring, it's recommended to have it inspected by an electrician every one to two years to ensure it remains in safe working order.

Ultimately, any inspection or modification of a knob and tube system should always be performed by a certified professional.

The cost to replace or install an electrical outlet can vary. On average, you can expect to pay between $125 and $215 per outlet, including labor and materials. For a standard 120v outlet, the material cost is typically between $10 and $50. Labor costs for an electrician usually range from $50 to $100 per hour. The total cost can be higher if there are complex electrical issues to resolve. Specialized outlets like GFCI or high-voltage types can cost up to $50 each for the material alone. If you are replacing many outlets throughout your home, the total project cost could be between $900 and $3,000, but you may receive a better per-outlet rate from the electrician.

It depends on where you live. Some cities may require a permit for electrical work, while others don’t. You’ll need to call your city’s building department to determine if you’ll need to apply for a permit or not. If a permit is required, you’ll likely have to pay a fee for it. 

You should not attempt to disable a smoke alarm unless you’ve already activated a replacement unit. To stop a hardwired smoke alarm from beeping, reset the device or silence the alarm. If you’re removing a hardwired alarm, shut off the power, turn the unit counterclockwise to remove it from the ceiling, and disconnect the wiring.