Can A Pharmacist Afford Rent in Mankato, MN?

Comfortably affordable — rent takes 10.9% of gross income.

Mankato rent: September 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Mankato median rent
$1,257/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
10.9%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Mankato's median rent of $1,257 leaves roughly $2,195/mo of headroom under that threshold. A pharmacist works roughly 18.9 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 Mankato, which improves the affordability math on a pharmacist salary:

Winona, MN
$1,255/mo (10.9% of income)
Rochester, MN
$1,244/mo (10.8% of income)
Buffalo, MN
$1,243/mo (10.8% of income)

Compare with full rent data for Mankato

View full rent data for Mankato, MN →

Frequently asked questions

Can a pharmacist afford rent in Mankato, MN?

Median rent in Mankato is $1,257 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 10.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Mankato?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Mankato's current median rent is $1,257/mo, which leaves a $2,195/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 18.9 hours a month to cover Mankato's median rent of $1,257.

Where is rent cheaper than Mankato for a pharmacist?

Nearby Minnesota cities with lower median rent include Winona ($1,255/mo), Rochester ($1,244/mo), Buffalo ($1,243/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 Mankato, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.