Salary guide · US

Financial Analyst salary in Chicago: can you afford rent?

A Financial Analyst in Chicago typically earns $56,000$136,000/year, with a median around $81,000/year. Median 1-bedroom rent is $2,000/month.

Affordability verdict

Manageable

At a typical Financial Analyst salary of $81,000/year, spending on median Chicago rent ($2,000/mo) would take up 30% of gross income. That's within the recommended 30% threshold — a manageable situation.

Financial Analyst salary range in Chicago

$56,000

Entry level

lower quartile

$81,000

Typical

median estimate

$136,000

Experienced

upper quartile

Financial analysts evaluate investment opportunities, analyse financial data, and advise businesses and individuals. Figures are gross annual salary estimates for Chicago.

How much rent can a Financial Analyst afford?

25% of income (comfortable)$1,688/mo
30% of income (standard)$2,025/mo
35% of income (stretch)$2,363/mo
Median Chicago rent$2,000/mo

Rent landscape in Chicago

$1,000

Budget

cheapest 10%

$2,000

Median

most common

$3,200

Premium

top 10%

1-bedroom equivalent. US Census ACS 2023 + Zillow Observed Rent Index · 2023–2024

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Frequently asked questions

What does a Financial Analyst earn in Chicago?

A Financial Analyst in Chicago typically earns between $56,000 and $136,000/year, with a median around $81,000/year. Salaries vary by experience, employer, and sector.

Can a Financial Analyst afford to live in Chicago?

At a typical Financial Analyst salary of $81,000/year, median Chicago rent ($2,000/month) takes up 30% of gross income — within the recommended 30% threshold. Budget options in Chicago start around $1,000/month.

How much rent can a Financial Analyst afford in Chicago?

On a median Financial Analyst salary of $81,000/year, the recommended 30% rent budget is $2,025/month. Compared to Chicago's median rent of $2,000/month, this means median-priced accommodation is within reach.

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Explore Chicago further

Cost of living guide: ChicagoCan I afford $1,000 rent in Chicago?Can I afford $1,500 rent in Chicago?