Can A Financial Analyst Afford Rent in Canton, MA?

Comfortably affordable — rent takes 29.1% of gross income.

Canton rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Canton median rent
$2,909/mo
Financial Analyst salary (Massachusetts)
$119,874/yr
Rent as % of income
29.1%
Gross monthly income works out to about $9,990, and the 30% rule supports up to $2,997/mo in rent. Canton's median rent of $2,909 leaves roughly $88/mo of headroom under that threshold. A financial analyst works roughly 50.5 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 Massachusetts cities have lower median rent than Canton, which improves the affordability math on a financial analyst salary:

Braintree, MA
$2,908/mo (29.1% of income)
Walpole, MA
$2,907/mo (29.1% of income)
Newburyport, MA
$2,907/mo (29.1% of income)

Compare with full rent data for Canton

View full rent data for Canton, MA

Frequently asked questions

Can a financial analyst afford rent in Canton, MA?

Median rent in Canton is $2,909 a month. A typical financial analyst in Massachusetts earns about $119,874 a year, which makes that rent 29.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Canton?

Using the 30% rule, a financial analyst salary in Massachusetts (~$119,874/yr) supports up to $2,997 a month in rent. Canton's current median rent is $2,909/mo, which leaves a $88/mo buffer.

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

At an hourly equivalent of about $58 an hour, a financial analyst in Massachusetts works roughly 50.5 hours a month to cover Canton's median rent of $2,909.

Where is rent cheaper than Canton for a financial analyst?

Nearby Massachusetts cities with lower median rent include Braintree ($2,908/mo), Walpole ($2,907/mo), Newburyport ($2,907/mo). Each shifts the affordability math materially on a financial analyst salary.

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