Can A Financial Analyst Afford Rent in Chelsea, MA?
Comfortably affordable — rent takes 26.3% of gross income.
Chelsea rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts 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 Massachusetts cities have lower median rent than Chelsea, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Chelsea
View full rent data for Chelsea, MA →Frequently asked questions
Can a financial analyst afford rent in Chelsea, MA?
Median rent in Chelsea is $2,628 a month. A typical financial analyst in Massachusetts earns about $119,874 a year, which makes that rent 26.3% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Chelsea?
Using the 30% rule, a financial analyst salary in Massachusetts (~$119,874/yr) supports up to $2,997 a month in rent. Chelsea's current median rent is $2,628/mo, which leaves a $369/mo buffer.
How many hours does a financial analyst work to cover rent in Chelsea?
At an hourly equivalent of about $58 an hour, a financial analyst in Massachusetts works roughly 45.6 hours a month to cover Chelsea's median rent of $2,628.
Where is rent cheaper than Chelsea for a financial analyst?
Nearby Massachusetts cities with lower median rent include Wakefield ($2,627/mo), Randolph ($2,627/mo), Gloucester ($2,626/mo). Each shifts the affordability math materially on a financial analyst salary.