Can A Financial Analyst Afford Rent in Cottage Grove, MN?
Comfortably affordable — rent takes 21.4% of gross income.
Cottage Grove rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota 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 Minnesota cities have lower median rent than Cottage Grove, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Cottage Grove
View full rent data for Cottage Grove, MN →Frequently asked questions
Can a financial analyst afford rent in Cottage Grove, MN?
Median rent in Cottage Grove is $1,916 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 21.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Cottage Grove?
Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. Cottage Grove's current median rent is $1,916/mo, which leaves a $771/mo buffer.
How many hours does a financial analyst work to cover rent in Cottage Grove?
At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 37.1 hours a month to cover Cottage Grove's median rent of $1,916.
Where is rent cheaper than Cottage Grove for a financial analyst?
Nearby Minnesota cities with lower median rent include Lakeville ($1,914/mo), Lakeville ($1,912/mo), Plymouth ($1,910/mo). Each shifts the affordability math materially on a financial analyst salary.