Can A Pharmacist Afford Rent in New London, CT?
Comfortably affordable — rent takes 14% of gross income.
New London rent: September 2026. Salary: BLS OEWS May 2024 (Connecticut 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 Connecticut cities have lower median rent than New London, which improves the affordability math on a pharmacist salary:
Compare with full rent data for New London
View full rent data for New London, CT →Frequently asked questions
Can a pharmacist afford rent in New London, CT?
Median rent in New London is $1,700 a month. A typical pharmacist in Connecticut earns about $146,025 a year, which makes that rent 14% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in New London?
Using the 30% rule, a pharmacist salary in Connecticut (~$146,025/yr) supports up to $3,651 a month in rent. New London's current median rent is $1,700/mo, which leaves a $1,951/mo buffer.
How many hours does a pharmacist work to cover rent in New London?
At an hourly equivalent of about $70 an hour, a pharmacist in Connecticut works roughly 24.2 hours a month to cover New London's median rent of $1,700.
Where is rent cheaper than New London for a pharmacist?
Nearby Connecticut cities with lower median rent include Norwich ($1,690/mo), Norwich ($1,688/mo), West Hartford ($1,686/mo). Each shifts the affordability math materially on a pharmacist salary.