Can A Pharmacist Afford Rent in Cape Elizabeth, ME?
Stretched but workable — rent takes 30.8% of gross income.
Cape Elizabeth rent: July 2026. Salary: BLS OEWS May 2024 (Maine 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 Maine cities have lower median rent than Cape Elizabeth, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Cape Elizabeth
View full rent data for Cape Elizabeth, ME →Frequently asked questions
Can a pharmacist afford rent in Cape Elizabeth, ME?
Median rent in Cape Elizabeth is $3,166 a month. A typical pharmacist in Maine earns about $123,458 a year, which makes that rent 30.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a pharmacist afford in Cape Elizabeth?
Using the 30% rule, a pharmacist salary in Maine (~$123,458/yr) supports up to $3,086 a month in rent. Cape Elizabeth's current median rent is $3,166/mo, which is $80/mo over the affordability threshold.
How many hours does a pharmacist work to cover rent in Cape Elizabeth?
At an hourly equivalent of about $59 an hour, a pharmacist in Maine works roughly 53.3 hours a month to cover Cape Elizabeth's median rent of $3,166.
Where is rent cheaper than Cape Elizabeth for a pharmacist?
Nearby Maine cities with lower median rent include Falmouth ($3,025/mo), Falmouth ($3,000/mo), Gorham ($3,000/mo). Each shifts the affordability math materially on a pharmacist salary.