Can A Financial Analyst Afford Rent in Derby, CT?

Comfortably affordable — rent takes 21.4% of gross income.

Derby rent: June 2026. Salary: BLS OEWS May 2024 (Connecticut state estimate).

Derby median rent
$2,031/mo
Financial Analyst salary (Connecticut)
$113,674/yr
Rent as % of income
21.4%
Gross monthly income works out to about $9,473, and the 30% rule supports up to $2,842/mo in rent. Derby's median rent of $2,031 leaves roughly $811/mo of headroom under that threshold. A financial analyst works roughly 37.2 hours a month to cover that rent.

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 Connecticut cities have lower median rent than Derby, which improves the affordability math on a financial analyst salary:

West Haven, CT
$2,029/mo (21.4% of income)
West Haven, CT
$2,029/mo (21.4% of income)
New Haven, CT
$2,028/mo (21.4% of income)

Compare with full rent data for Derby

View full rent data for Derby, CT

Frequently asked questions

Can a financial analyst afford rent in Derby, CT?

Median rent in Derby is $2,031 a month. A typical financial analyst in Connecticut earns about $113,674 a year, which makes that rent 21.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Derby?

Using the 30% rule, a financial analyst salary in Connecticut (~$113,674/yr) supports up to $2,842 a month in rent. Derby's current median rent is $2,031/mo, which leaves a $811/mo buffer.

How many hours does a financial analyst work to cover rent in Derby?

At an hourly equivalent of about $55 an hour, a financial analyst in Connecticut works roughly 37.2 hours a month to cover Derby's median rent of $2,031.

Where is rent cheaper than Derby for a financial analyst?

Nearby Connecticut cities with lower median rent include West Haven ($2,029/mo), West Haven ($2,029/mo), New Haven ($2,028/mo). Each shifts the affordability math materially on a financial analyst salary.

Methodology: Salary uses the BLS-derived Connecticut state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Derby, CT. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.