Can A Pharmacist Afford Rent in Hanover, MA?
Comfortably affordable — rent takes 23.7% of gross income.
Hanover rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).
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 Hanover, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Hanover
View full rent data for Hanover, MA →Frequently asked questions
Can a pharmacist afford rent in Hanover, MA?
Median rent in Hanover is $3,042 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 23.7% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Hanover?
Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Hanover's current median rent is $3,042/mo, which leaves a $808/mo buffer.
How many hours does a pharmacist work to cover rent in Hanover?
At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 41.1 hours a month to cover Hanover's median rent of $3,042.
Where is rent cheaper than Hanover for a pharmacist?
Nearby Massachusetts cities with lower median rent include Bedford ($3,037/mo), Watertown ($3,036/mo), Waltham ($3,035/mo). Each shifts the affordability math materially on a pharmacist salary.