Can A Pharmacist Afford Rent in Augusta, ME?

Comfortably affordable — rent takes 15.6% of gross income.

Augusta rent: July 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Augusta median rent
$1,602/mo
Pharmacist salary (Maine)
$123,458/yr
Rent as % of income
15.6%
Gross monthly income works out to about $10,288, and the 30% rule supports up to $3,086/mo in rent. Augusta's median rent of $1,602 leaves roughly $1,484/mo of headroom under that threshold. A pharmacist works roughly 27 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 Maine cities have lower median rent than Augusta, which improves the affordability math on a pharmacist salary:

Auburn, ME
$1,596/mo (15.5% of income)
Auburn, ME
$1,595/mo (15.5% of income)
Bangor, ME
$1,592/mo (15.5% of income)

Compare with full rent data for Augusta

View full rent data for Augusta, ME

Frequently asked questions

Can a pharmacist afford rent in Augusta, ME?

Median rent in Augusta is $1,602 a month. A typical pharmacist in Maine earns about $123,458 a year, which makes that rent 15.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Augusta?

Using the 30% rule, a pharmacist salary in Maine (~$123,458/yr) supports up to $3,086 a month in rent. Augusta's current median rent is $1,602/mo, which leaves a $1,484/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Maine works roughly 27 hours a month to cover Augusta's median rent of $1,602.

Where is rent cheaper than Augusta for a pharmacist?

Nearby Maine cities with lower median rent include Auburn ($1,596/mo), Auburn ($1,595/mo), Bangor ($1,592/mo). Each shifts the affordability math materially on a pharmacist salary.

Methodology: Salary uses the BLS-derived Maine state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Augusta, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.