Housing costs in Chattanooga?
A typical home costs
$403,700, which is 19.4% more expensive than the national average of
$338,100 and 45.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chattanooga costs
$1,130 per month, which is 5.6% more than the national average of
$1,070 and 5.3% more than the state average of
$1,070.
Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37408), Tennessee, a minimum annual income of
$77,400 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Chattanooga?
The cost of living in 37408 Chattanooga, TN is quite affordable compared to other cities. According to BestPlaces, the cost of living index for Chattanooga is much lower than the national average in the US, with groceries, healthcare and transportation being some of the most significant areas of savings. The overall cost of living in Chattanooga is 11% lower than the US national average, making it an attractive option for those looking for a more budget-friendly location to live. Rent prices are also reasonable, with 1-bedroom apartments typically ranging between $550 and $750 per month depending on the neighborhood. In addition to this, there are plenty of job opportunities and entertainment options available making it an attractive city for those looking for an affordable place to live.