Cost of Living in Chattanooga, TN
Cost of Living in Chattanooga, TN | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 7% higher | 12% lower |
Utilities (Monthly) | 0% | 9% lower |
Food | 1% higher | 3% lower |
Healthcare | 4% higher | 9% lower |
Transportation | 1% higher | 12% lower |
Goods & Services | 5% lower | 10% lower |
The cost of living in Chattanooga, TN is 1% higher than the state average and 10% lower than the national average. Chattanooga, TN housing is 12% cheaper than the U.S average, while utilities are about 9% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 10% less in Chattanooga, TN than in the rest of the country, while clothing costs around 10% less .
Healthcare services such as doctor check-ups and dentistry cost 9% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 10% cheaper in Chattanooga, TN.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Chattanooga is $1,408, while home prices circle around $423,813.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Chattanooga, energy bills cost around $167.63 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.51 in Chattanooga, a dozen eggs go for around $3.72 and a pound of potatoes circles around $5.09.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Chattanooga, an optometry check-up costs around $110.50, while a dentist appointment is priced $95.87 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.01 in Chattanooga, while getting your tires balanced will run you about $50.75.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $28.02 here. Meanwhile, a pair of women's slacks will set you back around $26.64.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Chattanooga, you should budget around $12.58 a month. When it comes to personal services, a haircut usually goes for $18.80, while dry cleaning costs about $15.62.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Chattanooga, the median household income is $57,703.