Can A Pharmacist Afford Rent in Laurel, MT?

Comfortably affordable — rent takes 12.7% of gross income.

Laurel rent: July 2026. Salary: BLS OEWS May 2024 (Montana state estimate).

Laurel median rent
$1,240/mo
Pharmacist salary (Montana)
$116,820/yr
Rent as % of income
12.7%
Gross monthly income works out to about $9,735, and the 30% rule supports up to $2,921/mo in rent. Laurel's median rent of $1,240 leaves roughly $1,681/mo of headroom under that threshold. A pharmacist works roughly 22.1 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 Montana cities have lower median rent than Laurel, which improves the affordability math on a pharmacist salary:

Butte, MT
$1,218/mo (12.5% of income)
Butte, MT
$1,209/mo (12.4% of income)
Butte, MT
$1,196/mo (12.3% of income)

Compare with full rent data for Laurel

View full rent data for Laurel, MT

Frequently asked questions

Can a pharmacist afford rent in Laurel, MT?

Median rent in Laurel is $1,240 a month. A typical pharmacist in Montana earns about $116,820 a year, which makes that rent 12.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Laurel?

Using the 30% rule, a pharmacist salary in Montana (~$116,820/yr) supports up to $2,921 a month in rent. Laurel's current median rent is $1,240/mo, which leaves a $1,681/mo buffer.

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

At an hourly equivalent of about $56 an hour, a pharmacist in Montana works roughly 22.1 hours a month to cover Laurel's median rent of $1,240.

Where is rent cheaper than Laurel for a pharmacist?

Nearby Montana cities with lower median rent include Butte ($1,218/mo), Butte ($1,209/mo), Butte ($1,196/mo). Each shifts the affordability math materially on a pharmacist salary.

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