Can A Pharmacist Afford Rent in Palmyra, NY?

Comfortably affordable — rent takes 9.3% of gross income.

Palmyra rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).

Palmyra median rent
$1,168/mo
Pharmacist salary (New York)
$151,335/yr
Rent as % of income
9.3%
Gross monthly income works out to about $12,611, and the 30% rule supports up to $3,783/mo in rent. Palmyra's median rent of $1,168 leaves roughly $2,615/mo of headroom under that threshold. A pharmacist works roughly 16.1 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 York cities have lower median rent than Palmyra, which improves the affordability math on a pharmacist salary:

Auburn, NY
$1,167/mo (9.3% of income)
North Tonawanda, NY
$1,162/mo (9.2% of income)
Elmira, NY
$1,158/mo (9.2% of income)

Compare with full rent data for Palmyra

View full rent data for Palmyra, NY

Frequently asked questions

Can a pharmacist afford rent in Palmyra, NY?

Median rent in Palmyra is $1,168 a month. A typical pharmacist in New York earns about $151,335 a year, which makes that rent 9.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Palmyra?

Using the 30% rule, a pharmacist salary in New York (~$151,335/yr) supports up to $3,783 a month in rent. Palmyra's current median rent is $1,168/mo, which leaves a $2,615/mo buffer.

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

At an hourly equivalent of about $73 an hour, a pharmacist in New York works roughly 16.1 hours a month to cover Palmyra's median rent of $1,168.

Where is rent cheaper than Palmyra for a pharmacist?

Nearby New York cities with lower median rent include Auburn ($1,167/mo), North Tonawanda ($1,162/mo), Elmira ($1,158/mo). Each shifts the affordability math materially on a pharmacist salary.

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