Can A Pharmacist Afford Rent in Concord, MA?

Comfortably affordable — rent takes 25.7% of gross income.

Concord rent: July 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Concord median rent
$3,296/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
25.7%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Concord's median rent of $3,296 leaves roughly $554/mo of headroom under that threshold. A pharmacist works roughly 44.5 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 Massachusetts cities have lower median rent than Concord, which improves the affordability math on a pharmacist salary:

Newton, MA
$3,290/mo (25.6% of income)
Somerville, MA
$3,288/mo (25.6% of income)
Hingham, MA
$3,284/mo (25.6% of income)

Compare with full rent data for Concord

View full rent data for Concord, MA

Frequently asked questions

Can a pharmacist afford rent in Concord, MA?

Median rent in Concord is $3,296 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 25.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Concord?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Concord's current median rent is $3,296/mo, which leaves a $554/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 44.5 hours a month to cover Concord's median rent of $3,296.

Where is rent cheaper than Concord for a pharmacist?

Nearby Massachusetts cities with lower median rent include Newton ($3,290/mo), Somerville ($3,288/mo), Hingham ($3,284/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 Concord, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.