Can A Pharmacist Afford Rent in Monmouth Beach, NJ?

Comfortably affordable — rent takes 24.6% of gross income.

Monmouth Beach rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Monmouth Beach median rent
$3,042/mo
Pharmacist salary (New Jersey)
$148,680/yr
Rent as % of income
24.6%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Monmouth Beach's median rent of $3,042 leaves roughly $675/mo of headroom under that threshold. A pharmacist works roughly 42.6 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 New Jersey cities have lower median rent than Monmouth Beach, which improves the affordability math on a pharmacist salary:

Fort Lee, NJ
$3,034/mo (24.5% of income)
Jersey City, NJ
$3,033/mo (24.5% of income)
Ocean, NJ
$3,028/mo (24.4% of income)

Compare with full rent data for Monmouth Beach

View full rent data for Monmouth Beach, NJ

Frequently asked questions

Can a pharmacist afford rent in Monmouth Beach, NJ?

Median rent in Monmouth Beach is $3,042 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 24.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Monmouth Beach?

Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Monmouth Beach's current median rent is $3,042/mo, which leaves a $675/mo buffer.

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

At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 42.6 hours a month to cover Monmouth Beach's median rent of $3,042.

Where is rent cheaper than Monmouth Beach for a pharmacist?

Nearby New Jersey cities with lower median rent include Fort Lee ($3,034/mo), Jersey City ($3,033/mo), Ocean ($3,028/mo). Each shifts the affordability math materially on a pharmacist salary.

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