Can A Financial Analyst Afford Rent in Wood River, IL?
Comfortably affordable — rent takes 11.4% of gross income.
Wood River 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 Wood River, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Wood River
View full rent data for Wood River, IL →Frequently asked questions
Can a financial analyst afford rent in Wood River, IL?
Median rent in Wood River is $1,000 a month. A typical financial analyst in Illinois earns about $105,407 a year, which makes that rent 11.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Wood River?
Using the 30% rule, a financial analyst salary in Illinois (~$105,407/yr) supports up to $2,635 a month in rent. Wood River's current median rent is $1,000/mo, which leaves a $1,635/mo buffer.
How many hours does a financial analyst work to cover rent in Wood River?
At an hourly equivalent of about $51 an hour, a financial analyst in Illinois works roughly 19.7 hours a month to cover Wood River's median rent of $1,000.
Where is rent cheaper than Wood River for a financial analyst?
Nearby Illinois cities with lower median rent include Belleville ($999/mo), Decatur ($998/mo), Moline ($998/mo). Each shifts the affordability math materially on a financial analyst salary.