Can A Financial Analyst Afford Rent in Falmouth, ME?

Rent-burdened — rent takes 40.5% of gross income.

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

Falmouth median rent
$3,242/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
40.5%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. Falmouth's median rent of $3,242 exceeds that threshold by $839/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 70.2 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 Falmouth, which improves the affordability math on a financial analyst salary:

Gorham, ME
$3,000/mo (37.5% of income)
Scarborough, ME
$2,958/mo (36.9% of income)
Scarborough, ME
$2,951/mo (36.8% of income)

Compare with full rent data for Falmouth

View full rent data for Falmouth, ME

Frequently asked questions

Can a financial analyst afford rent in Falmouth, ME?

Median rent in Falmouth is $3,242 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 40.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a financial analyst afford in Falmouth?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. Falmouth's current median rent is $3,242/mo, which is $839/mo over the affordability threshold.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 70.2 hours a month to cover Falmouth's median rent of $3,242.

Where is rent cheaper than Falmouth for a financial analyst?

Nearby Maine cities with lower median rent include Gorham ($3,000/mo), Scarborough ($2,958/mo), Scarborough ($2,951/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 Falmouth, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.