Cost of Living in Chattanooga, TN

Population 182,832 · Tennessee · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Chattanooga lands reasonably close to national benchmarks on most cost indicators, with a median home value of $259,000 — 15% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Tennessee.

Cost Overview

Housing 85
Rent 88

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Chattanooga

The median home value in Chattanooga is $259,200 — 15% below the national median of $305,000. Median rent runs $1,155/month, 12% lower than the national median of $1,314/month. The median household income of $61,028/year is 18% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 72.2°F and lows of 51.5°F, with about 3.6" of annual snowfall. Overall, Chattanooga has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$259,200
15% below avg
Zillow Home Value
$314,305
Zillow ZHVI
Median Rent
$1,155/mo
12% below avg
Zillow Rent
$1,499/mo
Zillow ZORI
Price-to-Rent Ratio
18.7x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 53.1%
Renter-occupied 46.9%

💰 Estimated Monthly Budget

Rent median rent
$1,155
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,769/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.9%

Commute Mode

Drove alone
74.5%
Carpooled
9.0%
Public transit
1.1%
Walked
1.9%
Bicycle
0.3%
Work from home
11.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$61,028
18% below avg
Per Capita Income
$40,040
Unemployment Rate
4.9%
2% above avg
Poverty Rate
17.6%
Labor Force Participation
64.3%

🎓 Education

Bachelor's degree+ 21.6%
Graduate degree 13.9%

👥 Demographics

Median Age 36.6
Male median age 34.9
Female median age 38.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.2°F
Avg Low
51.5°F
Annual Precip
55"
Annual Snowfall
3.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 515664748188919084746253
Low °F 323642505967717064514035
Precip" 5.025.035.344.873.944.185.083.674.233.594.805.25
Snow" 1.01.21.10.00.00.00.00.00.00.00.00.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.9%
Good air days/yr
137
Max AQI recorded
258
PM2.5 days
107
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
15:1
Student-teacher ratio
79
Public schools
45,342
Total enrollment

Frequently Asked Questions

What is the cost of living in Chattanooga, TN?

Chattanooga has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Chattanooga, TN?

The median gross rent in Chattanooga is $1,155 per month based on 2023 Census data.

What is the average home price in Chattanooga?

The median home value in Chattanooga is $259,200 according to Zillow and Census data.

What is the median income in Chattanooga?

The median household income in Chattanooga is $61,028 per year (2023 ACS 5-year estimates).

What is the sales tax in Chattanooga, TN?

The combined state and local sales tax rate in Chattanooga is 9.6%. Tennessee has no state income tax.

Is Chattanooga, TN affordable?

Yes, Chattanooga is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Chattanooga?

Chattanooga has average high temperatures of 72.2°F and average lows of 51.5°F. Annual precipitation is 55". Average annual snowfall is 3.6". Data from NOAA 1991–2020 Climate Normals.

Chattanooga at a Glance

Population
182,832
Median Income
$61,028
Home Value
$259,200
Median Rent
$1,155/mo
Unemployment
4.9%
Avg High Temp
72.2°F
Sales Tax
9.6%
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