Can A Pharmacist Afford Rent in Ipswich, MA?

Comfortably affordable — rent takes 18.7% of gross income.

Ipswich rent: March 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Ipswich median rent
$2,400/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
18.7%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Ipswich's median rent of $2,400 leaves roughly $1,450/mo of headroom under that threshold. A pharmacist works roughly 32.4 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 Ipswich, which improves the affordability math on a pharmacist salary:

Weymouth, MA
$2,399/mo (18.7% of income)
Weymouth, MA
$2,399/mo (18.7% of income)
Shrewsbury, MA
$2,399/mo (18.7% of income)

Compare with full rent data for Ipswich

View full rent data for Ipswich, MA

Frequently asked questions

Can a pharmacist afford rent in Ipswich, MA?

Median rent in Ipswich is $2,400 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 18.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Ipswich?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Ipswich's current median rent is $2,400/mo, which leaves a $1,450/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 32.4 hours a month to cover Ipswich's median rent of $2,400.

Where is rent cheaper than Ipswich for a pharmacist?

Nearby Massachusetts cities with lower median rent include Weymouth ($2,399/mo), Weymouth ($2,399/mo), Shrewsbury ($2,399/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 Ipswich, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.