Can A Pharmacist Afford Rent in Andover, MA?

Comfortably affordable — rent takes 21.8% of gross income.

Andover rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Andover median rent
$2,793/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
21.8%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Andover's median rent of $2,793 leaves roughly $1,057/mo of headroom under that threshold. A pharmacist works roughly 37.7 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 Massachusetts cities have lower median rent than Andover, which improves the affordability math on a pharmacist salary:

Danvers, MA
$2,792/mo (21.8% of income)
Wakefield, MA
$2,792/mo (21.8% of income)
Peabody, MA
$2,789/mo (21.7% of income)

Compare with full rent data for Andover

View full rent data for Andover, MA

Frequently asked questions

Can a pharmacist afford rent in Andover, MA?

Median rent in Andover is $2,793 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 21.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Andover?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Andover's current median rent is $2,793/mo, which leaves a $1,057/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 37.7 hours a month to cover Andover's median rent of $2,793.

Where is rent cheaper than Andover for a pharmacist?

Nearby Massachusetts cities with lower median rent include Danvers ($2,792/mo), Wakefield ($2,792/mo), Peabody ($2,789/mo). Each shifts the affordability math materially on a pharmacist salary.

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