Can A Financial Analyst Afford Rent in Coventry, RI?

Stretched but workable — rent takes 31% of gross income.

Coventry rent: June 2026. Salary: BLS OEWS May 2024 (Rhode Island state estimate).

Coventry median rent
$2,779/mo
Financial Analyst salary (Rhode Island)
$107,474/yr
Rent as % of income
31%
Gross monthly income works out to about $8,956, and the 30% rule supports up to $2,687/mo in rent. Coventry's median rent of $2,779 exceeds that threshold by $92/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 53.8 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 Rhode Island cities have lower median rent than Coventry, which improves the affordability math on a financial analyst salary:

South Kingstown, RI
$2,762/mo (30.8% of income)
South Kingstown, RI
$2,744/mo (30.6% of income)
South Kingstown, RI
$2,713/mo (30.3% of income)

Compare with full rent data for Coventry

View full rent data for Coventry, RI

Frequently asked questions

Can a financial analyst afford rent in Coventry, RI?

Median rent in Coventry is $2,779 a month. A typical financial analyst in Rhode Island earns about $107,474 a year, which makes that rent 31% 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 Coventry?

Using the 30% rule, a financial analyst salary in Rhode Island (~$107,474/yr) supports up to $2,687 a month in rent. Coventry's current median rent is $2,779/mo, which is $92/mo over the affordability threshold.

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

At an hourly equivalent of about $52 an hour, a financial analyst in Rhode Island works roughly 53.8 hours a month to cover Coventry's median rent of $2,779.

Where is rent cheaper than Coventry for a financial analyst?

Nearby Rhode Island cities with lower median rent include South Kingstown ($2,762/mo), South Kingstown ($2,744/mo), South Kingstown ($2,713/mo). Each shifts the affordability math materially on a financial analyst salary.

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