Chattanooga, TN vs Nashville-Davidson metropolitan government (balance), TN
There is a significant gap in the cost of living between these two cities. Chattanooga is 19.8% cheaper than Nashville-Davidson metropolitan government (balance). With a cost index of 89 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chattanooga to Nashville-Davidson metropolitan government (balance) should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chattanooga is $1,155/month compared to $1,486/month in Nashville-Davidson metropolitan government (balance) — a 22% difference. Home values follow the same pattern: Chattanooga is more affordable at $259,200 median vs $383,100.
Median household income in Chattanooga is $61,028 compared to $75,197 in Nashville-Davidson metropolitan government (balance) (-18.8%). The higher salaries in Nashville-Davidson metropolitan government (balance) partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chattanooga spend roughly 22.7% of their income on rent, less than the 23.7% in Nashville-Davidson metropolitan government (balance).
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