Housing costs in Chattanooga?
A typical home costs
$309,800, which is 8.4% less expensive than the national average of
$338,100 and 11.7% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chattanooga costs
$1,110 per month, which is 3.7% more than the national average of
$1,070 and 3.6% more than the state average of
$1,070.
Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37343), Tennessee, a minimum annual income of
$59,400 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Chattanooga?
The cost of living in 37343 Chattanooga, TN is generally lower than the national average. In fact, it is about 19% cheaper than the US average. Housing expenses are significantly lower than other parts of the country, with an average home costing around $131,000 compared to the United States average of $183,000. Groceries and transportation are also both comparatively cheaper in Chattanooga at 3% and 6%, respectively. Overall, 37343 Chattanooga offers a more affordable cost of living compared to a majority of other cities in the United States making it an ideal location to live for those looking for an economical city.