Can A Financial Analyst Afford Rent in Salem, NJ?
Comfortably affordable — rent takes 18.4% of gross income.
Salem rent: March 2026. Salary: BLS OEWS May 2024 (New Jersey 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 New Jersey cities have lower median rent than Salem, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Salem
View full rent data for Salem, NJ →Frequently asked questions
Can a financial analyst afford rent in Salem, NJ?
Median rent in Salem is $1,775 a month. A typical financial analyst in New Jersey earns about $115,741 a year, which makes that rent 18.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Salem?
Using the 30% rule, a financial analyst salary in New Jersey (~$115,741/yr) supports up to $2,894 a month in rent. Salem's current median rent is $1,775/mo, which leaves a $1,119/mo buffer.
How many hours does a financial analyst work to cover rent in Salem?
At an hourly equivalent of about $56 an hour, a financial analyst in New Jersey works roughly 31.9 hours a month to cover Salem's median rent of $1,775.
Where is rent cheaper than Salem for a financial analyst?
Nearby New Jersey cities with lower median rent include Haddonfield ($1,774/mo), Orange ($1,774/mo), Budd Lake ($1,773/mo). Each shifts the affordability math materially on a financial analyst salary.