CostIndexUSA

Cary, NC vs Chattanooga, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Cary
98.2
overall index
$1,650/mo rent
More AffordableTN
Chattanooga
91.5
overall index
$1,500/mo rent

Chattanooga is moderately cheaper than Cary — 6.8% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $74,500 in Chattanooga. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing26.0%
Cary
103.5
Chattanooga
76.6
🛒 Groceries0.6%
Cary
96.6
Chattanooga
96
🚗 Transportation2.9%
Cary
103.1
Chattanooga
100.1
🏥 Healthcare3.0%
Cary
93.3
Chattanooga
90.5
Utilities16.6%
Cary
89
Chattanooga
74.2

Salary Equivalency Calculator

Enter your current salary in Cary to see what you'd need to earn in Chattanooga to maintain the same purchasing power.

$
Equivalent salary in Chattanooga, TN
$74,500
$5,500 less needed in Chattanooga

Formula: salary × (91.5 ÷ 98.2) = salary × 0.9318. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Chattanooga, TN

Median Home Price
$314,000
Median Monthly Rent
$1,500
Housing Index
76.6
Price-to-Rent Ratio
17.4×

Cary has 26.0% lower housing costs compared to Chattanooga.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

Chattanooga, TN

Median Household Income
$68,700
Per Capita Income
$39,200
Unemployment Rate
4.4%
Population
181,099
Top Industries
ManufacturingHealthcareTourismTechnologyLogistics

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cary, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Chattanooga, TN
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.