Housing costs in Chattanooga?
A typical home costs
$192,100, which is 43.2% less expensive than the national average of
$338,100 and 30.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chattanooga costs
$1,000 per month, which is 6.5% cheaper than the national average of
$1,070 and 7.0% cheaper than the state average of
$1,070.
Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37411), Tennessee, a minimum annual income of
$36,720 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Chattanooga?
The cost of living in 37411 Chattanooga, TN is relatively low compared to other cities across the country. According to analysis from BestPlaces, the cost of living index in Chattanooga is an impressive 19% lower than the national average. Prices for groceries and general consumer goods are also below average, making it a great place to live affordably. Additionally, utilities such as electricity, water, and gas are also reasonably priced, making it easier to manage monthly bills. All in all, Chattanooga offers an affordable cost of living that makes it a desirable city for people looking to settle down and start families.