CostByCity

Cost of Living in Chattanooga, TN

2024 data from the Bureau of Economic Analysis

Cost Index
91.5
8.5% below avg
Housing Index
76.5
Median Income
$65,387
Median Rent
$1,000/mo

Cost Breakdown

Overall91.5 (-8.5%)
Housing76.5 (-23.5%)
Goods96.0 (-4.0%)
Utilities74.2 (-25.8%)
Other Services95.3 (-4.7%)

National average = 100

Income & Housing

Median Household Income
$65,387/year
Median Home Value
$220,000
Median Monthly Rent
$1,000/mo
Per Capita Income
$37,386/year

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Frequently Asked Questions

Is Chattanooga, TN expensive to live in?
Chattanooga, TN has a cost of living index of 91.5, which is 8.5% below the national average.
How much does housing cost in Chattanooga, TN?
Housing costs in Chattanooga, TN are indexed at 76.5 compared to the national average of 100. The median monthly rent is $1,000.
What is the average income in Chattanooga, TN?
The median household income in Chattanooga, TN is $65,387 per year.
What is the average home price in Chattanooga, TN?
The median home value in Chattanooga, TN is $220,000.