Can A Pharmacist Afford Rent in Fairbanks, AK?

Comfortably affordable — rent takes 13.9% of gross income.

Fairbanks rent: June 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).

Fairbanks median rent
$1,720/mo
Pharmacist salary (Alaska)
$148,680/yr
Rent as % of income
13.9%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Fairbanks's median rent of $1,720 leaves roughly $1,997/mo of headroom under that threshold. A pharmacist works roughly 24.1 hours a month to cover that rent.

About rent and a pharmacist salary

Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.

Cheaper rent nearby

These Alaska cities have lower median rent than Fairbanks, which improves the affordability math on a pharmacist salary:

Wasilla, AK
$1,718/mo (13.9% of income)
Anchorage, AK
$1,716/mo (13.8% of income)
Wasilla, AK
$1,715/mo (13.8% of income)

Compare with full rent data for Fairbanks

View full rent data for Fairbanks, AK

Frequently asked questions

Can a pharmacist afford rent in Fairbanks, AK?

Median rent in Fairbanks is $1,720 a month. A typical pharmacist in Alaska earns about $148,680 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 pharmacist afford in Fairbanks?

Using the 30% rule, a pharmacist salary in Alaska (~$148,680/yr) supports up to $3,717 a month in rent. Fairbanks's current median rent is $1,720/mo, which leaves a $1,997/mo buffer.

How many hours does a pharmacist work to cover rent in Fairbanks?

At an hourly equivalent of about $71 an hour, a pharmacist in Alaska works roughly 24.1 hours a month to cover Fairbanks's median rent of $1,720.

Where is rent cheaper than Fairbanks for a pharmacist?

Nearby Alaska cities with lower median rent include Wasilla ($1,718/mo), Anchorage ($1,716/mo), Wasilla ($1,715/mo). Each shifts the affordability math materially on a pharmacist salary.

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