Is Chattanooga, TN affordable on a $1,000,000 salary?
YES
On $1,000,000/yr, the typical $318,922 home in Chattanooga, TN needs $99,849/yr ($2,330/mo). Your gap: +$900,151 — housing would be 2.8% of your gross income.
The math
318,922 price − 10% down (31,892) = 287,030 loan
30-yr fixed at 7.18% on 287,030 = 1,944/mo principal+interest
+ 385/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,330/mo PITI ÷ 0.28 = 8,321/mo → 99,849/yr required
against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).
What salary WOULD clear Chattanooga, TN?
You need about $99,849/yr for the typical home. On $1,000,000 you already clear it by $900,151.