Can A Financial Analyst Afford Rent in Quincy, IL?

Comfortably affordable — rent takes 14.3% of gross income.

Quincy rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Quincy median rent
$1,256/mo
Financial Analyst salary (Illinois)
$105,407/yr
Rent as % of income
14.3%
Gross monthly income works out to about $8,784, and the 30% rule supports up to $2,635/mo in rent. Quincy's median rent of $1,256 leaves roughly $1,379/mo of headroom under that threshold. A financial analyst works roughly 24.8 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 Illinois cities have lower median rent than Quincy, which improves the affordability math on a financial analyst salary:

Collinsville, IL
$1,255/mo (14.3% of income)
Dekalb, IL
$1,254/mo (14.3% of income)
Cicero, IL
$1,253/mo (14.3% of income)

Compare with full rent data for Quincy

View full rent data for Quincy, IL

Frequently asked questions

Can a financial analyst afford rent in Quincy, IL?

Median rent in Quincy is $1,256 a month. A typical financial analyst in Illinois earns about $105,407 a year, which makes that rent 14.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Quincy?

Using the 30% rule, a financial analyst salary in Illinois (~$105,407/yr) supports up to $2,635 a month in rent. Quincy's current median rent is $1,256/mo, which leaves a $1,379/mo buffer.

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

At an hourly equivalent of about $51 an hour, a financial analyst in Illinois works roughly 24.8 hours a month to cover Quincy's median rent of $1,256.

Where is rent cheaper than Quincy for a financial analyst?

Nearby Illinois cities with lower median rent include Collinsville ($1,255/mo), Dekalb ($1,254/mo), Cicero ($1,253/mo). Each shifts the affordability math materially on a financial analyst salary.

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