Can A Pharmacist Afford Rent in Newton, MA?

Comfortably affordable — rent takes 28.7% of gross income.

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

Newton median rent
$3,685/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
28.7%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Newton's median rent of $3,685 leaves roughly $165/mo of headroom under that threshold. A pharmacist works roughly 49.8 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 Newton, which improves the affordability math on a pharmacist salary:

Somerville, MA
$3,661/mo (28.5% of income)
Boston, MA
$3,652/mo (28.5% of income)
Hingham, MA
$3,640/mo (28.4% of income)

Compare with full rent data for Newton

View full rent data for Newton, MA

Frequently asked questions

Can a pharmacist afford rent in Newton, MA?

Median rent in Newton is $3,685 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 28.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Newton?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Newton's current median rent is $3,685/mo, which leaves a $165/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 49.8 hours a month to cover Newton's median rent of $3,685.

Where is rent cheaper than Newton for a pharmacist?

Nearby Massachusetts cities with lower median rent include Somerville ($3,661/mo), Boston ($3,652/mo), Hingham ($3,640/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 Newton, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.