Zip 37403 (Chattanooga, TN) Cost of Living


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How much do I need to live in Chattanooga, Tennessee?
$5,940 / month
for a family, 10.0% more expensive than the national average A total of $71,280 for the year for a family.
$3,567 / month
for a single person, 25.2% less expensive than the national average A total of $42,800 for the year for a single person.

Chattanooga cost of living score
89.7
Less expensive
10.3% lower
than the US average
0.2% lower
than the Tennessee average
Chattanooga (zip 37403), Tennessee gets a BestPlaces Cost of Living score of 89.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.3% lower than the U.S. average and 0.2% higher than the average for Tennessee.

Zip 37403 (Chattanooga, TN)

Housing costs in Chattanooga?
A typical home costs $371,200, which is 9.8% more expensive than the national average of $338,100 and 33.8% more expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Chattanooga costs $1,240 per month, which is 15.9% more than the national average of $1,070 and 13.7% more than the state average of $1,070.

Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37403), Tennessee, a minimum annual income of $71,280 for a family, and $42,800 for a single person is recommended.

What does A.I. say about Chattanooga?
The cost of living in 37403 Chattanooga, TN is quite reasonable. Prices for rent and groceries are pleasingly low, with the median home price hovering around $150,000. In addition, locals can take advantage of transportation options such as bus service and car-share programs to get around easily without breaking the bank. Utilities are also fairly affordable, making it easy to keep your living costs under control. All in all, 37403 Chattanooga, TN is an excellent place to live if you're looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChattanoogaTennesseeUnited States
    Unlock89.9100.0
  101.6  Unlock100.0
    Unlock100.4100.0
  100.4  Unlock100.0
    Unlock$277,400$338,100
  93.4  Unlock100.0
    Unlock90.2100.0
  103.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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