Can A Pharmacist Afford Rent in Silver City, NM?

Comfortably affordable — rent takes 14.7% of gross income.

Silver City rent: July 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Silver City median rent
$1,463/mo
Pharmacist salary (New Mexico)
$119,475/yr
Rent as % of income
14.7%
Gross monthly income works out to about $9,956, and the 30% rule supports up to $2,987/mo in rent. Silver City's median rent of $1,463 leaves roughly $1,524/mo of headroom under that threshold. A pharmacist works roughly 25.5 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 Silver City, which improves the affordability math on a pharmacist salary:

Albuquerque, NM
$1,462/mo (14.7% of income)
Albuquerque, NM
$1,460/mo (14.7% of income)
Albuquerque, NM
$1,460/mo (14.7% of income)

Compare with full rent data for Silver City

View full rent data for Silver City, NM

Frequently asked questions

Can a pharmacist afford rent in Silver City, NM?

Median rent in Silver City is $1,463 a month. A typical pharmacist in New Mexico earns about $119,475 a year, which makes that rent 14.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Silver City?

Using the 30% rule, a pharmacist salary in New Mexico (~$119,475/yr) supports up to $2,987 a month in rent. Silver City's current median rent is $1,463/mo, which leaves a $1,524/mo buffer.

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

At an hourly equivalent of about $57 an hour, a pharmacist in New Mexico works roughly 25.5 hours a month to cover Silver City's median rent of $1,463.

Where is rent cheaper than Silver City for a pharmacist?

Nearby New Mexico cities with lower median rent include Albuquerque ($1,462/mo), Albuquerque ($1,460/mo), Albuquerque ($1,460/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 Silver City, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.