Can A Pharmacist Afford Rent in Newport, RI?
Comfortably affordable — rent takes 27.4% of gross income.
Newport rent: July 2026. Salary: BLS OEWS May 2024 (Rhode Island state estimate).
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 Newport, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Newport
View full rent data for Newport, RI →Frequently asked questions
Can a pharmacist afford rent in Newport, RI?
Median rent in Newport is $3,156 a month. A typical pharmacist in Rhode Island earns about $138,060 a year, which makes that rent 27.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Newport?
Using the 30% rule, a pharmacist salary in Rhode Island (~$138,060/yr) supports up to $3,452 a month in rent. Newport's current median rent is $3,156/mo, which leaves a $296/mo buffer.
How many hours does a pharmacist work to cover rent in Newport?
At an hourly equivalent of about $66 an hour, a pharmacist in Rhode Island works roughly 47.5 hours a month to cover Newport's median rent of $3,156.
Where is rent cheaper than Newport for a pharmacist?
Nearby Rhode Island cities with lower median rent include Portsmouth ($3,149/mo), Middletown ($3,140/mo), Narragansett ($3,125/mo). Each shifts the affordability math materially on a pharmacist salary.