Can A Pharmacist Afford Rent in Waterford, CT?

Comfortably affordable — rent takes 17.9% of gross income.

Waterford rent: June 2026. Salary: BLS OEWS May 2024 (Connecticut state estimate).

Waterford median rent
$2,173/mo
Pharmacist salary (Connecticut)
$146,025/yr
Rent as % of income
17.9%
Gross monthly income works out to about $12,169, and the 30% rule supports up to $3,651/mo in rent. Waterford's median rent of $2,173 leaves roughly $1,478/mo of headroom under that threshold. A pharmacist works roughly 31 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 Connecticut cities have lower median rent than Waterford, which improves the affordability math on a pharmacist salary:

Groton, CT
$2,172/mo (17.8% of income)
Hamden, CT
$2,166/mo (17.8% of income)
West Hartford, CT
$2,162/mo (17.8% of income)

Compare with full rent data for Waterford

View full rent data for Waterford, CT

Frequently asked questions

Can a pharmacist afford rent in Waterford, CT?

Median rent in Waterford is $2,173 a month. A typical pharmacist in Connecticut earns about $146,025 a year, which makes that rent 17.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Waterford?

Using the 30% rule, a pharmacist salary in Connecticut (~$146,025/yr) supports up to $3,651 a month in rent. Waterford's current median rent is $2,173/mo, which leaves a $1,478/mo buffer.

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

At an hourly equivalent of about $70 an hour, a pharmacist in Connecticut works roughly 31 hours a month to cover Waterford's median rent of $2,173.

Where is rent cheaper than Waterford for a pharmacist?

Nearby Connecticut cities with lower median rent include Groton ($2,172/mo), Hamden ($2,166/mo), West Hartford ($2,162/mo). Each shifts the affordability math materially on a pharmacist salary.

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