Can A Pharmacist Afford Rent in Basalt, CO?

Rent-burdened — rent takes 43.2% of gross income.

Basalt rent: May 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Basalt median rent
$5,017/mo
Pharmacist salary (Colorado)
$139,388/yr
Rent as % of income
43.2%
Gross monthly income works out to about $11,616, and the 30% rule supports up to $3,485/mo in rent. Basalt's median rent of $5,017 exceeds that threshold by $1,532/mo, putting a pharmacist salary into the rent-burdened range here. A pharmacist works roughly 74.9 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 Colorado cities have lower median rent than Basalt, which improves the affordability math on a pharmacist salary:

Carbondale, CO
$4,648/mo (40% of income)
Carbondale, CO
$4,608/mo (39.7% of income)
Carbondale, CO
$4,298/mo (37% of income)

Compare with full rent data for Basalt

View full rent data for Basalt, CO

Frequently asked questions

Can a pharmacist afford rent in Basalt, CO?

Median rent in Basalt is $5,017 a month. A typical pharmacist in Colorado earns about $139,388 a year, which makes that rent 43.2% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a pharmacist afford in Basalt?

Using the 30% rule, a pharmacist salary in Colorado (~$139,388/yr) supports up to $3,485 a month in rent. Basalt's current median rent is $5,017/mo, which is $1,532/mo over the affordability threshold.

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

At an hourly equivalent of about $67 an hour, a pharmacist in Colorado works roughly 74.9 hours a month to cover Basalt's median rent of $5,017.

Where is rent cheaper than Basalt for a pharmacist?

Nearby Colorado cities with lower median rent include Carbondale ($4,648/mo), Carbondale ($4,608/mo), Carbondale ($4,298/mo). Each shifts the affordability math materially on a pharmacist salary.

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