Can A Pharmacist Afford Rent in New Richmond, WI?

Comfortably affordable — rent takes 15.3% of gross income.

New Richmond rent: July 2026. Salary: BLS OEWS May 2024 (Wisconsin state estimate).

New Richmond median rent
$1,604/mo
Pharmacist salary (Wisconsin)
$126,113/yr
Rent as % of income
15.3%
Gross monthly income works out to about $10,509, and the 30% rule supports up to $3,153/mo in rent. New Richmond's median rent of $1,604 leaves roughly $1,549/mo of headroom under that threshold. A pharmacist works roughly 26.5 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 Wisconsin cities have lower median rent than New Richmond, which improves the affordability math on a pharmacist salary:

De Forest, WI
$1,603/mo (15.3% of income)
River Falls, WI
$1,603/mo (15.3% of income)
Middleton, WI
$1,601/mo (15.2% of income)

Compare with full rent data for New Richmond

View full rent data for New Richmond, WI

Frequently asked questions

Can a pharmacist afford rent in New Richmond, WI?

Median rent in New Richmond is $1,604 a month. A typical pharmacist in Wisconsin earns about $126,113 a year, which makes that rent 15.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in New Richmond?

Using the 30% rule, a pharmacist salary in Wisconsin (~$126,113/yr) supports up to $3,153 a month in rent. New Richmond's current median rent is $1,604/mo, which leaves a $1,549/mo buffer.

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

At an hourly equivalent of about $61 an hour, a pharmacist in Wisconsin works roughly 26.5 hours a month to cover New Richmond's median rent of $1,604.

Where is rent cheaper than New Richmond for a pharmacist?

Nearby Wisconsin cities with lower median rent include De Forest ($1,603/mo), River Falls ($1,603/mo), Middleton ($1,601/mo). Each shifts the affordability math materially on a pharmacist salary.

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