Cost of Living in Chattanooga, TN

Updated November 2026 · Hamilton County · Chattanooga, TN-GA metro area · population 185,783

Local cost index (CostLiving estimate)
92.8
Cheaper than the US average
BEA index for the Chattanooga, TN-GA metro area: 91.5
Monthly budget
$2,571
single adult · $4,936 family of 4
Modelled estimate, before taxes
Median rent
$1,256
per month, gross rent · US $1,413
Median home value
$283,200
US $332,700 · Moderate

Prices in Chattanooga are 7.2% below the US average (local index 92.8; the BEA index for the Chattanooga, TN-GA metro area is 91.5), with utilities the biggest saving at 74.2; a single adult's modelled budget is about $2,571 a month and the median rent is $1,256.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Chattanooga's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Chattanooga, TN-GA metro area, unchanged.

Chattanooga price index by category, US average = 100: All items 92.8, Housing (rents) 80.7, Goods 96.0, Utilities 74.2, Other services 95.3

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 11th most expensive of the 18 Tennessee cities in our data. Cheaper than 82% of the cities we cover.

Official BEA Regional Price Parities for the Chattanooga, TN-GA metro area. 2024: goods 96.0, housing 76.5, utilities 74.2, other services 95.3.
BEA index201920202021202220232024
All items91.390.190.092.592.391.5

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Chattanooga, TN

CategoryPer monthPer yearShare
Housing (rent) $985 $11,820 38%
Utilities $228 $2,736 9%
Food at home $271 $3,252 11%
Transportation $592 $7,104 23%
Health care $335 $4,020 13%
Clothing, personal care & supplies $160 $1,920 6%
Total$2,571$30,852100%

2 adults · 2-bedroom · modelled estimate for Chattanooga, TN

CategoryPer monthPer yearShare
Housing (rent) $1,050 $12,600 26%
Utilities $359 $4,308 9%
Food at home $500 $6,000 12%
Transportation $1,172 $14,064 29%
Health care $621 $7,452 15%
Clothing, personal care & supplies $316 $3,792 8%
Total$4,018$48,216100%

2 adults + 2 children · 3-bedroom · modelled estimate for Chattanooga, TN

CategoryPer monthPer yearShare
Housing (rent) $1,239 $14,868 25%
Utilities $437 $5,244 9%
Food at home $713 $8,556 14%
Transportation $1,561 $18,732 32%
Health care $579 $6,948 12%
Clothing, personal care & supplies $407 $4,884 8%
Total$4,936$59,232100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Chattanooga

Rent by number of bedrooms

SizeMedian rent
Studio $913
1 bedroom $1,163
2 bedrooms $1,240
3 bedrooms $1,463
4 bedrooms $1,578

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,256
Median contract rent (excl. utilities)$1,064
Median home value$283,200
Owner costs with a mortgage$1,564/mo
Median household income$64,523
Rent as % of renter income Moderate28.6%
Home value ÷ household income Moderate4.4×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Tennessee

13.42¢ per kWh, August 2026

12-month change: +2.5% (from 13.09¢) · US 18.16¢

Aug 2025: 13.09¢/kWh Sep 2025: 13.30¢/kWh Oct 2025: 13.08¢/kWh Nov 2025: 13.49¢/kWh Dec 2025: 12.89¢/kWh Jan 2026: 13.10¢/kWh Feb 2026: 12.82¢/kWh Mar 2026: 15.08¢/kWh Apr 2026: 14.94¢/kWh May 2026: 14.47¢/kWh Jun 2026: 14.07¢/kWh Jul 2026: 13.71¢/kWh Aug 2026: 13.42¢/kWh

Average household uses 1,186 kWh a month in Tennessee ≈ $161/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Midwest (PADD 2)

$4.10 per gallon, week of 2026-11-02

12-month change: +45.0% (from $2.83) · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

EIA weekly retail price survey; Tennessee is covered by the Midwest (PADD 2) average.

Inflation in the South

Consumer prices in the South Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Chattanooga are 7.2% below the US average, $60,000 here has the buying power of about $64,600 in an average-priced US area.

Same buying power in an average-priced US area$64,600
Needed in Chattanooga to match $60,000 in an average-priced US area$55,700

Formula: US-equivalent = salary × 100 ÷ 92.8. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Dalton, GA26 mi91.5 $2,383$996
Fort Payne, AL49 mi86.2 $2,053$679
Loudon, TN68 mi89.4 $2,187$879
Guntersville, AL75 mi87.9 $2,131$842
Huntsville, AL85 mi92.7 $2,449$1,171
Maryville, TN86 mi93.0 $2,310$1,157

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Bellevue, NE92.8 $2,449$1,226
Waco, TX92.8 $2,363$1,165
Covington, KY92.8 $2,290$1,006
Hamilton, OH92.9 $2,237$1,007
Middletown, OH92.9 $2,269$1,007
Olathe, KS92.9 $2,556$1,314

Compare Chattanooga with another city

Frequently asked questions

Is Chattanooga, TN an expensive place to live?

Chattanooga has a local cost of living index of 92.8, which is 7.2% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Chattanooga, TN-GA metro area (91.5) and adjusts housing to Chattanooga's own rents. It is 0.9 points above the Tennessee average. It is the 11th most expensive of the 18 Tennessee cities in our data. Cheaper than 82% of the cities we cover.

How much money do you need to live in Chattanooga?

Our modelled estimate of basic monthly costs is $2,571 for a single adult, $4,018 for a couple and $4,936 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $55,700 in Chattanooga.

What is the average rent in Chattanooga?

The median gross rent (rent plus tenant-paid utilities) is $1,256 a month (Census ACS 2020-2024). By size: 1 bedroom $1,163, 2 bedrooms $1,240, 3 bedrooms $1,463. The typical renter spends 28.6% of household income on rent (moderate).

How much does a house cost in Chattanooga?

The median owner-estimated home value is $283,200, 4.4 times the median household income of $64,523 (moderate). Owners with a mortgage pay a median $1,564 a month in housing costs.

How much is electricity and gas in Chattanooga?

Tennessee residential electricity averaged 13.42¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources