Can A Pharmacist Afford Rent in Elizabeth, NJ?
Comfortably affordable — rent takes 18.2% of gross income.
Elizabeth rent: June 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 Elizabeth, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Elizabeth
View full rent data for Elizabeth, NJ →Frequently asked questions
Can a pharmacist afford rent in Elizabeth, NJ?
Median rent in Elizabeth is $2,255 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 18.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Elizabeth?
Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Elizabeth's current median rent is $2,255/mo, which leaves a $1,462/mo buffer.
How many hours does a pharmacist work to cover rent in Elizabeth?
At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 31.5 hours a month to cover Elizabeth's median rent of $2,255.
Where is rent cheaper than Elizabeth for a pharmacist?
Nearby New Jersey cities with lower median rent include Sicklerville ($2,254/mo), Mt Laurel Township ($2,254/mo), Highland Park ($2,253/mo). Each shifts the affordability math materially on a pharmacist salary.