Can A Pharmacist Afford Rent in Golden Valley, MN?

Comfortably affordable — rent takes 17.4% of gross income.

Golden Valley rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Golden Valley median rent
$2,001/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
17.4%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Golden Valley's median rent of $2,001 leaves roughly $1,451/mo of headroom under that threshold. A pharmacist works roughly 30.1 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 Minnesota cities have lower median rent than Golden Valley, which improves the affordability math on a pharmacist salary:

Edina, MN
$1,999/mo (17.4% of income)
Rosemount, MN
$1,998/mo (17.4% of income)
Rosemount, MN
$1,996/mo (17.3% of income)

Compare with full rent data for Golden Valley

View full rent data for Golden Valley, MN

Frequently asked questions

Can a pharmacist afford rent in Golden Valley, MN?

Median rent in Golden Valley is $2,001 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 17.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Golden Valley?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Golden Valley's current median rent is $2,001/mo, which leaves a $1,451/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 30.1 hours a month to cover Golden Valley's median rent of $2,001.

Where is rent cheaper than Golden Valley for a pharmacist?

Nearby Minnesota cities with lower median rent include Edina ($1,999/mo), Rosemount ($1,998/mo), Rosemount ($1,996/mo). Each shifts the affordability math materially on a pharmacist salary.

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