Can A Pharmacist Afford Rent in Caldwell, NJ?
Comfortably affordable — rent takes 22.5% of gross income.
Caldwell rent: August 2026. Salary: BLS OEWS May 2024 (New Jersey 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 New Jersey cities have lower median rent than Caldwell, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Caldwell
View full rent data for Caldwell, NJ →Frequently asked questions
Can a pharmacist afford rent in Caldwell, NJ?
Median rent in Caldwell is $2,788 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 22.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Caldwell?
Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Caldwell's current median rent is $2,788/mo, which leaves a $929/mo buffer.
How many hours does a pharmacist work to cover rent in Caldwell?
At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 39 hours a month to cover Caldwell's median rent of $2,788.
Where is rent cheaper than Caldwell for a pharmacist?
Nearby New Jersey cities with lower median rent include Edison ($2,787/mo), Parsippany ($2,785/mo), New Brunswick ($2,784/mo). Each shifts the affordability math materially on a pharmacist salary.