Can A Pharmacist Afford Rent in Cocoa, FL?

Comfortably affordable — rent takes 18.8% of gross income.

Cocoa rent: June 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Cocoa median rent
$1,931/mo
Pharmacist salary (Florida)
$123,458/yr
Rent as % of income
18.8%
Gross monthly income works out to about $10,288, and the 30% rule supports up to $3,086/mo in rent. Cocoa's median rent of $1,931 leaves roughly $1,155/mo of headroom under that threshold. A pharmacist works roughly 32.5 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 Florida cities have lower median rent than Cocoa, which improves the affordability math on a pharmacist salary:

Lake Mary, FL
$1,930/mo (18.8% of income)
Bartow, FL
$1,930/mo (18.8% of income)
Pinellas Park, FL
$1,930/mo (18.8% of income)

Compare with full rent data for Cocoa

View full rent data for Cocoa, FL

Frequently asked questions

Can a pharmacist afford rent in Cocoa, FL?

Median rent in Cocoa is $1,931 a month. A typical pharmacist in Florida earns about $123,458 a year, which makes that rent 18.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Cocoa?

Using the 30% rule, a pharmacist salary in Florida (~$123,458/yr) supports up to $3,086 a month in rent. Cocoa's current median rent is $1,931/mo, which leaves a $1,155/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Florida works roughly 32.5 hours a month to cover Cocoa's median rent of $1,931.

Where is rent cheaper than Cocoa for a pharmacist?

Nearby Florida cities with lower median rent include Lake Mary ($1,930/mo), Bartow ($1,930/mo), Pinellas Park ($1,930/mo). Each shifts the affordability math materially on a pharmacist salary.

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