Can A Pharmacist Afford Rent in Artesia, NM?

Comfortably affordable — rent takes 25.9% of gross income.

Artesia rent: May 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Artesia median rent
$2,583/mo
Pharmacist salary (New Mexico)
$119,475/yr
Rent as % of income
25.9%
Gross monthly income works out to about $9,956, and the 30% rule supports up to $2,987/mo in rent. Artesia's median rent of $2,583 leaves roughly $404/mo of headroom under that threshold. A pharmacist works roughly 45 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 Mexico cities have lower median rent than Artesia, which improves the affordability math on a pharmacist salary:

Los Alamos, NM
$2,544/mo (25.6% of income)
Los Lunas, NM
$2,125/mo (21.3% of income)
Los Lunas, NM
$2,043/mo (20.5% of income)

Compare with full rent data for Artesia

View full rent data for Artesia, NM

Frequently asked questions

Can a pharmacist afford rent in Artesia, NM?

Median rent in Artesia is $2,583 a month. A typical pharmacist in New Mexico earns about $119,475 a year, which makes that rent 25.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Artesia?

Using the 30% rule, a pharmacist salary in New Mexico (~$119,475/yr) supports up to $2,987 a month in rent. Artesia's current median rent is $2,583/mo, which leaves a $404/mo buffer.

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

At an hourly equivalent of about $57 an hour, a pharmacist in New Mexico works roughly 45 hours a month to cover Artesia's median rent of $2,583.

Where is rent cheaper than Artesia for a pharmacist?

Nearby New Mexico cities with lower median rent include Los Alamos ($2,544/mo), Los Lunas ($2,125/mo), Los Lunas ($2,043/mo). Each shifts the affordability math materially on a pharmacist salary.

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