Can A Pharmacist Afford Rent in Monument, CO?

Comfortably affordable — rent takes 18.5% of gross income.

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

Monument median rent
$2,148/mo
Pharmacist salary (Colorado)
$139,388/yr
Rent as % of income
18.5%
Gross monthly income works out to about $11,616, and the 30% rule supports up to $3,485/mo in rent. Monument's median rent of $2,148 leaves roughly $1,337/mo of headroom under that threshold. A pharmacist works roughly 32.1 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 Colorado cities have lower median rent than Monument, which improves the affordability math on a pharmacist salary:

Parker, CO
$2,144/mo (18.5% of income)
Parker, CO
$2,144/mo (18.5% of income)
Fountain, CO
$2,144/mo (18.5% of income)

Compare with full rent data for Monument

View full rent data for Monument, CO

Frequently asked questions

Can a pharmacist afford rent in Monument, CO?

Median rent in Monument is $2,148 a month. A typical pharmacist in Colorado earns about $139,388 a year, which makes that rent 18.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Monument?

Using the 30% rule, a pharmacist salary in Colorado (~$139,388/yr) supports up to $3,485 a month in rent. Monument's current median rent is $2,148/mo, which leaves a $1,337/mo buffer.

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

At an hourly equivalent of about $67 an hour, a pharmacist in Colorado works roughly 32.1 hours a month to cover Monument's median rent of $2,148.

Where is rent cheaper than Monument for a pharmacist?

Nearby Colorado cities with lower median rent include Parker ($2,144/mo), Parker ($2,144/mo), Fountain ($2,144/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 Monument, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.