Can A Pharmacist Afford Rent in Stoneham, MA?

Comfortably affordable — rent takes 23.6% of gross income.

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

Stoneham median rent
$3,023/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
23.6%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Stoneham's median rent of $3,023 leaves roughly $827/mo of headroom under that threshold. A pharmacist works roughly 40.8 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 Stoneham, which improves the affordability math on a pharmacist salary:

Swampscott, MA
$3,021/mo (23.5% of income)
Watertown, MA
$3,019/mo (23.5% of income)
Marblehead, MA
$3,016/mo (23.5% of income)

Compare with full rent data for Stoneham

View full rent data for Stoneham, MA

Frequently asked questions

Can a pharmacist afford rent in Stoneham, MA?

Median rent in Stoneham is $3,023 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 23.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Stoneham?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Stoneham's current median rent is $3,023/mo, which leaves a $827/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 40.8 hours a month to cover Stoneham's median rent of $3,023.

Where is rent cheaper than Stoneham for a pharmacist?

Nearby Massachusetts cities with lower median rent include Swampscott ($3,021/mo), Watertown ($3,019/mo), Marblehead ($3,016/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 Stoneham, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.