Housing costs in Chattanooga?
A typical home costs
$190,300, which is 43.7% less expensive than the national average of
$338,100 and 31.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chattanooga costs
$970 per month, which is 9.3% cheaper than the national average of
$1,070 and 10.3% cheaper than the state average of
$1,070.
Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37404), Tennessee, a minimum annual income of
$36,360 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Chattanooga?
The cost of living in 37404 Chattanooga, TN is quite reasonable compared to many other areas across the US. The overall cost of living index is 7% lower than the national average and there are a variety of housing options available for people wishing to move into the area. Property taxes are below the national median while housing costs are relatively low with a median home price sitting at around $155,000. Groceries, utilities and transportation costs are all very affordable, making it an attractive place to live for those on a budget.