Can A Financial Analyst Afford Rent in Carmel-by-the-Sea, CA?
Rent-burdened — rent takes 61.8% of gross income.
Carmel-by-the-Sea rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).
About rent and a financial analyst salary
Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.
Cheaper rent nearby
These California cities have lower median rent than Carmel-by-the-Sea, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Carmel-by-the-Sea
View full rent data for Carmel-by-the-Sea, CA →Frequently asked questions
Can a financial analyst afford rent in Carmel-by-the-Sea, CA?
Median rent in Carmel-by-the-Sea is $6,281 a month. A typical financial analyst in California earns about $121,941 a year, which makes that rent 61.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a financial analyst afford in Carmel-by-the-Sea?
Using the 30% rule, a financial analyst salary in California (~$121,941/yr) supports up to $3,049 a month in rent. Carmel-by-the-Sea's current median rent is $6,281/mo, which is $3,232/mo over the affordability threshold.
How many hours does a financial analyst work to cover rent in Carmel-by-the-Sea?
At an hourly equivalent of about $59 an hour, a financial analyst in California works roughly 107.1 hours a month to cover Carmel-by-the-Sea's median rent of $6,281.
Where is rent cheaper than Carmel-by-the-Sea for a financial analyst?
Nearby California cities with lower median rent include San Marino ($6,258/mo), San Marino ($6,172/mo), San Marino ($6,133/mo). Each shifts the affordability math materially on a financial analyst salary.