Chattanooga ranked in the bottom quartile of cities for the recommended holiday spending for an average household this year, primarily due to Chattanooga’s relatively lower average income and higher average debt-to-income and savings-to-monthly expense levels. The Nashville suburb of Franklin, which has the highest savings-to-monthly expenses ratio of any city in America at 217.67 percent, ranked the best for holiday spending of any Tennessee city.
1. Franklin – $1,252
2. Murfreesboro – $639
3. Nashville – $632
4. Clarksville – $608