Housing costs in Chattanooga?
A typical home costs
$370,500, which is 9.6% more expensive than the national average of
$338,100 and 33.6% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chattanooga costs
$1,350 per month, which is 26.2% more than the national average of
$1,070 and 20.7% more than the state average of
$1,070.
Can I afford Chattanooga?
To live comfortably in Chattanooga (zip 37405), Tennessee, a minimum annual income of
$70,920 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Chattanooga?
The cost of living in 37405 Chattanooga, TN is relatively affordable. The median home value is just over $140,000 and the median rental rate for a two bedroom apartment is around $800. Groceries and other basic necessities are also reasonably priced. Overall, living in 37405 Chattanooga, TN is quite affordable and can be done on a budget.