Can A Pharmacist Afford Rent in Chelsea, MA?

Comfortably affordable — rent takes 20.5% of gross income.

Chelsea rent: September 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Chelsea median rent
$2,632/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
20.5%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Chelsea's median rent of $2,632 leaves roughly $1,218/mo of headroom under that threshold. A pharmacist works roughly 35.6 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 Chelsea, which improves the affordability math on a pharmacist salary:

Salem, MA
$2,631/mo (20.5% of income)
Bridgewater, MA
$2,630/mo (20.5% of income)
North Andover, MA
$2,630/mo (20.5% of income)

Compare with full rent data for Chelsea

View full rent data for Chelsea, MA →

Frequently asked questions

Can a pharmacist afford rent in Chelsea, MA?

Median rent in Chelsea is $2,632 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 20.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Chelsea?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Chelsea's current median rent is $2,632/mo, which leaves a $1,218/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 35.6 hours a month to cover Chelsea's median rent of $2,632.

Where is rent cheaper than Chelsea for a pharmacist?

Nearby Massachusetts cities with lower median rent include Salem ($2,631/mo), Bridgewater ($2,630/mo), North Andover ($2,630/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 Chelsea, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.