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Financial Analyst Salary in Providence, RI β€” 2026 Guide

Estimated salaries are adjusted for Providence's cost of living (index: 115). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Financial Analyst Salary in Providence β€” Key Numbers

$114,873
Median Salary
$82,467
25th Percentile
$162,231
75th Percentile
$217,200
90th Percentile
National median (Financial Analyst)$99,890
vs. National median+15.0%
Providence median household income$66,200
vs. City household income+73.5%

Cost of Living in Providence

Cost of Living Index
115(100 = avg)
Median Monthly Rent$1,725/mo
Rent-to-Income Ratio18.0%
Annual rent cost$20,700
Median Home Price$380,000
Home Price / Salary3.3Γ—
20% Down Payment$76,000
Years to save (20% rate)3.3 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Providence

4.0%
Unemployment Rate
1,640,000
Metro Population
25 min
Avg Commute
37
Median Age

Providence has a metro population of 1,640,000, offering a sizeable job market with strong opportunities across key sectors. The 4.0% unemployment rate is near the national average.

Frequently Asked Questions

How much does a Financial Analyst make in Providence, RI?

The estimated median salary for a Financial Analyst in Providence is $114,873 per year (2026). This is derived from the national BLS median of $99,890 adjusted by Providence's cost of living index (115). The typical salary range runs from $82,467 (25th percentile) to $162,231 (75th percentile), with top earners reaching $217,200.

Is Providence affordable for a Financial Analyst?

On a $114,873 annual salary, a Financial Analyst in Providence would spend approximately 18.0% of gross monthly income on median rent ($1,725/month). This is well within the 28% affordability threshold, making Providence relatively affordable for this profession. The median home price of $380,000 is 3.3Γ— the annual salary.

How does a Financial Analyst's salary compare to Providence's overall income?

Providence's median household income is $66,200. A Financial Analyst earning the city-adjusted median of $114,873 earns 73.5% more than the typical Providence household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.