Can A Pharmacist Afford Rent in Narragansett, RI?

Comfortably affordable — rent takes 23.1% of gross income.

Narragansett rent: June 2026. Salary: BLS OEWS May 2024 (Rhode Island state estimate).

Narragansett median rent
$2,653/mo
Pharmacist salary (Rhode Island)
$138,060/yr
Rent as % of income
23.1%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Narragansett's median rent of $2,653 leaves roughly $799/mo of headroom under that threshold. A pharmacist works roughly 40 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 Rhode Island cities have lower median rent than Narragansett, which improves the affordability math on a pharmacist salary:

South Kingstown, RI
$2,652/mo (23.1% of income)
South Kingstown, RI
$2,601/mo (22.6% of income)
Coventry, RI
$2,600/mo (22.6% of income)

Compare with full rent data for Narragansett

View full rent data for Narragansett, RI

Frequently asked questions

Can a pharmacist afford rent in Narragansett, RI?

Median rent in Narragansett is $2,653 a month. A typical pharmacist in Rhode Island earns about $138,060 a year, which makes that rent 23.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Narragansett?

Using the 30% rule, a pharmacist salary in Rhode Island (~$138,060/yr) supports up to $3,452 a month in rent. Narragansett's current median rent is $2,653/mo, which leaves a $799/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Rhode Island works roughly 40 hours a month to cover Narragansett's median rent of $2,653.

Where is rent cheaper than Narragansett for a pharmacist?

Nearby Rhode Island cities with lower median rent include South Kingstown ($2,652/mo), South Kingstown ($2,601/mo), Coventry ($2,600/mo). Each shifts the affordability math materially on a pharmacist salary.

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