Can A Welder Afford Rent in Peabody, MA?

Rent-burdened — rent takes 56.8% of gross income.

Peabody rent: July 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Peabody median rent
$2,823/mo
Welder salary (Massachusetts)
$59,636/yr
Rent as % of income
56.8%
Gross monthly income works out to about $4,970, and the 30% rule supports up to $1,491/mo in rent. Peabody's median rent of $2,823 exceeds that threshold by $1,332/mo, putting a welder salary into the rent-burdened range here. A welder works roughly 98.5 hours a month to cover that rent.

About rent and a welder salary

Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.

Cheaper rent nearby

These Massachusetts cities have lower median rent than Peabody, which improves the affordability math on a welder salary:

Kingston, MA
$2,820/mo (56.7% of income)
Littleton, MA
$2,819/mo (56.7% of income)
Amherst, MA
$2,818/mo (56.7% of income)

Compare with full rent data for Peabody

View full rent data for Peabody, MA

Frequently asked questions

Can a welder afford rent in Peabody, MA?

Median rent in Peabody is $2,823 a month. A typical welder in Massachusetts earns about $59,636 a year, which makes that rent 56.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a welder afford in Peabody?

Using the 30% rule, a welder salary in Massachusetts (~$59,636/yr) supports up to $1,491 a month in rent. Peabody's current median rent is $2,823/mo, which is $1,332/mo over the affordability threshold.

How many hours does a welder work to cover rent in Peabody?

At an hourly equivalent of about $29 an hour, a welder in Massachusetts works roughly 98.5 hours a month to cover Peabody's median rent of $2,823.

Where is rent cheaper than Peabody for a welder?

Nearby Massachusetts cities with lower median rent include Kingston ($2,820/mo), Littleton ($2,819/mo), Amherst ($2,818/mo). Each shifts the affordability math materially on a welder salary.

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