Chattanooga vs Franklin
Cost of Living Comparison · 2026
Chattanooga
Franklin
The Verdict
Chattanooga is 36.0% less expensive than Franklin overall. A household earning $75,000 in Chattanooga would need approximately $117,135 in Franklin to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Chattanooga has the same purchasing power as $117,135 in Franklin.
Conversely, $75,000 in Franklin equals $48,022 in Chattanooga.
Living in Chattanooga vs Franklin
Housing Costs
Chattanooga's housing index of 76 is lower Franklin's 230, translating to median home prices of $255,000 vs $750,000. The $495,000 difference in home prices means roughly $32,172 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Chattanooga compared to $1,850/mo in Franklin, a monthly difference of $650.
Grocery & Food Costs
Grocery expenses index at 94 in Chattanooga and 100 in Franklin. A household spending the national average of $475/month on groceries would pay approximately $447/month in Chattanooga vs $475/month in Franklin. Chattanooga offers a meaningful advantage on everyday food costs, saving roughly $336/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 91 in Chattanooga and 97 in Franklin. Monthly utility bills average approximately $364 in Chattanooga vs $388 in Franklin. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 92 in Chattanooga and 91 in Franklin. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $46,054 in Chattanooga and $118,200 in Franklin. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $51,746 and $85,036 respectively. Franklin residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,075/month to housing in Chattanooga vs $2,758/month in Franklin. In Chattanooga, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Franklin, median rent of $1,850/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 154 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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