Can A Financial Analyst Afford Rent in Waukegan, IL?
Comfortably affordable — rent takes 18.8% of gross income.
Waukegan rent: June 2026. Salary: BLS OEWS May 2024 (Illinois 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 Illinois cities have lower median rent than Waukegan, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Waukegan
View full rent data for Waukegan, IL →Frequently asked questions
Can a financial analyst afford rent in Waukegan, IL?
Median rent in Waukegan is $1,648 a month. A typical financial analyst in Illinois earns about $105,407 a year, which makes that rent 18.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Waukegan?
Using the 30% rule, a financial analyst salary in Illinois (~$105,407/yr) supports up to $2,635 a month in rent. Waukegan's current median rent is $1,648/mo, which leaves a $987/mo buffer.
How many hours does a financial analyst work to cover rent in Waukegan?
At an hourly equivalent of about $51 an hour, a financial analyst in Illinois works roughly 32.5 hours a month to cover Waukegan's median rent of $1,648.
Where is rent cheaper than Waukegan for a financial analyst?
Nearby Illinois cities with lower median rent include Bensenville ($1,645/mo), O Fallon ($1,645/mo), Oak Lawn ($1,644/mo). Each shifts the affordability math materially on a financial analyst salary.