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GeekMove (Chattanooga)
Chattanooga, TN
$10,000 · Status unconfirmed
Offer: $10,000+ forgivable mortgage + $1,250 relocation bonus + gig-fiber infrastructure
Who it's for: computer developers, tech professionals
Requirements: Located 50+ miles outside Chattanooga. Active participation in geek events. Second mortgage becomes principal forgiveness over time.
What $10,000 actually buys in Chattanooga
A headline figure only means something against local prices. At Chattanooga's median rent of $1,066/mo, this award covers about 9.4 months of rent.
It is worth 4.3% of a median home ($230,500) and 17.3% of median household income ($57,703). That is a meaningful cushion for a relocation, though not a substitute for a job offer.
What it costs to live in TN
Before the incentive, TN itself is 14 of the 48 states we cover on cost of living, counting from the cheapest, with a typical index of 92.2 (US = 100). A typical home runs $326,370 and rent $1,530/mo.
TN levies no state income tax, which is worth factoring in alongside the award itself — it recurs every year, whereas the incentive is usually one-off. Effective property tax is around 0.7% of home value.
How this compares
At $10,000, this is the 7 th largest cash relocation offer of the 32 we track.
Source: Verified 2012-present; status unclear for 2025-2026. Programs change often — confirm current terms on the official page. SalaryCompareTool is not affiliated with this program.