Can A Financial Analyst Afford Rent in Old Orchard Beach, ME?

Comfortably affordable — rent takes 23.9% of gross income.

Old Orchard Beach rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Old Orchard Beach median rent
$1,915/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
23.9%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. Old Orchard Beach's median rent of $1,915 leaves roughly $488/mo of headroom under that threshold. A financial analyst works roughly 41.4 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 Old Orchard Beach, which improves the affordability math on a financial analyst salary:

Orono, ME
$1,900/mo (23.7% of income)
Rockland, ME
$1,899/mo (23.7% of income)
Biddeford, ME
$1,898/mo (23.7% of income)

Compare with full rent data for Old Orchard Beach

View full rent data for Old Orchard Beach, ME

Frequently asked questions

Can a financial analyst afford rent in Old Orchard Beach, ME?

Median rent in Old Orchard Beach is $1,915 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 23.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Old Orchard Beach?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. Old Orchard Beach's current median rent is $1,915/mo, which leaves a $488/mo buffer.

How many hours does a financial analyst work to cover rent in Old Orchard Beach?

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 41.4 hours a month to cover Old Orchard Beach's median rent of $1,915.

Where is rent cheaper than Old Orchard Beach for a financial analyst?

Nearby Maine cities with lower median rent include Orono ($1,900/mo), Rockland ($1,899/mo), Biddeford ($1,898/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 Old Orchard Beach, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.