Can A Pharmacist Afford Rent in Fairbanks, AK?
Comfortably affordable — rent takes 14.2% of gross income.
Fairbanks rent: July 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).
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:
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 $1,762 a month. A typical pharmacist in Alaska earns about $148,680 a year, which makes that rent 14.2% 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 $1,762/mo, which leaves a $1,955/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 24.6 hours a month to cover Fairbanks's median rent of $1,762.
Where is rent cheaper than Fairbanks for a pharmacist?
Nearby Alaska cities with lower median rent include Wasilla ($1,760/mo), Wasilla ($1,730/mo), Anchorage ($1,730/mo). Each shifts the affordability math materially on a pharmacist salary.