Can A Chef Afford Rent in Peabody, MA?
Rent-burdened — rent takes 45.3% of gross income.
Peabody rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).
About rent and a chef salary
Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.
Cheaper rent nearby
These Massachusetts cities have lower median rent than Peabody, which improves the affordability math on a chef salary:
Compare with full rent data for Peabody
View full rent data for Peabody, MA →Frequently asked questions
Can a chef afford rent in Peabody, MA?
Median rent in Peabody is $2,812 a month. A typical chef in Massachusetts earns about $74,414 a year, which makes that rent 45.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a chef afford in Peabody?
Using the 30% rule, a chef salary in Massachusetts (~$74,414/yr) supports up to $1,860 a month in rent. Peabody's current median rent is $2,812/mo, which is $952/mo over the affordability threshold.
How many hours does a chef work to cover rent in Peabody?
At an hourly equivalent of about $36 an hour, a chef in Massachusetts works roughly 78.6 hours a month to cover Peabody's median rent of $2,812.
Where is rent cheaper than Peabody for a chef?
Nearby Massachusetts cities with lower median rent include Danvers ($2,811/mo), Sharon ($2,809/mo), Hanover ($2,809/mo). Each shifts the affordability math materially on a chef salary.