Can A Financial Analyst Afford Rent in Bangor, ME?

Comfortably affordable — rent takes 19.9% of gross income.

Bangor rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Bangor median rent
$1,592/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
19.9%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. Bangor's median rent of $1,592 leaves roughly $811/mo of headroom under that threshold. A financial analyst works roughly 34.5 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 Maine cities have lower median rent than Bangor, which improves the affordability math on a financial analyst salary:

Sanford, ME
$1,589/mo (19.8% of income)
Auburn, ME
$1,588/mo (19.8% of income)
Auburn, ME
$1,588/mo (19.8% of income)

Compare with full rent data for Bangor

View full rent data for Bangor, ME

Frequently asked questions

Can a financial analyst afford rent in Bangor, ME?

Median rent in Bangor is $1,592 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 19.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Bangor?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. Bangor's current median rent is $1,592/mo, which leaves a $811/mo buffer.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 34.5 hours a month to cover Bangor's median rent of $1,592.

Where is rent cheaper than Bangor for a financial analyst?

Nearby Maine cities with lower median rent include Sanford ($1,589/mo), Auburn ($1,588/mo), Auburn ($1,588/mo). Each shifts the affordability math materially on a financial analyst salary.

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