Cost of Living in Chattanooga, TN
Population: 182,832 • 2026 Data
$61,028
Median Household Income
-21% vs national
$1,155
Median Monthly Rent
-14% vs national
$259,200
Median Home Value
-24% vs national
4.9%
Unemployment Rate
Housing in Chattanooga
The median home value in Chattanooga, TN is $259,200. Monthly rent for a typical unit averages $1,155, while total monthly housing costs (including utilities and insurance) average $1,112.
Rent-to-income ratio: 22.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Chattanooga, TN is $61,028. The unemployment rate stands at 4.9%, with a labor force of 95,506 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.