Can A Financial Analyst Afford Rent in Cortland, NY?

Comfortably affordable — rent takes 13.9% of gross income.

Cortland rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).

Cortland median rent
$1,367/mo
Financial Analyst salary (New York)
$117,808/yr
Rent as % of income
13.9%
Gross monthly income works out to about $9,817, and the 30% rule supports up to $2,945/mo in rent. Cortland's median rent of $1,367 leaves roughly $1,578/mo of headroom under that threshold. A financial analyst works roughly 24.1 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 New York cities have lower median rent than Cortland, which improves the affordability math on a financial analyst salary:

Buffalo, NY
$1,365/mo (13.9% of income)
Utica, NY
$1,365/mo (13.9% of income)
Utica, NY
$1,364/mo (13.9% of income)

Compare with full rent data for Cortland

View full rent data for Cortland, NY

Frequently asked questions

Can a financial analyst afford rent in Cortland, NY?

Median rent in Cortland is $1,367 a month. A typical financial analyst in New York earns about $117,808 a year, which makes that rent 13.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Cortland?

Using the 30% rule, a financial analyst salary in New York (~$117,808/yr) supports up to $2,945 a month in rent. Cortland's current median rent is $1,367/mo, which leaves a $1,578/mo buffer.

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

At an hourly equivalent of about $57 an hour, a financial analyst in New York works roughly 24.1 hours a month to cover Cortland's median rent of $1,367.

Where is rent cheaper than Cortland for a financial analyst?

Nearby New York cities with lower median rent include Buffalo ($1,365/mo), Utica ($1,365/mo), Utica ($1,364/mo). Each shifts the affordability math materially on a financial analyst salary.

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