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Pharmacist in Cranston, RI

Median Salary

$50,134

Above National Avg

Hourly Wage

$24.1

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

Of course. Here is a comprehensive career guide for Pharmacists considering Cranston, RI.


The Salary Picture: Where Cranston Stands

As a pharmacist, your earning potential is a function of experience, setting, and location. Cranston, situated in the heart of Rhode Island's capital metro area, offers a competitive but nuanced salary landscape. The median annual salary for a pharmacist here is $136,397, which breaks down to an hourly rate of $65.58. This places it just a hair above the national average of $136,030, a reflection of Rhode Island's relatively high cost of living and strong healthcare network.

However, a single number doesn't tell the whole story. Your actual earnings will vary significantly based on where you are in your career. Hereโ€™s a realistic breakdown for the Cranston area:

Experience Level Estimated Annual Salary Typical Practice Setting
Entry-Level (0-3 years) $115,000 - $125,000 Retail chain (CVS, Walgreens), hospital staff pharmacist
Mid-Career (4-9 years) $130,000 - $145,000 Clinical pharmacist, pharmacy manager, specialty pharmacy
Senior/Expert (10+ years) $145,000 - $165,000+ Pharmacy director, infectious disease specialist, informatics
Per Diem/Contract $65 - $75/hour Flexible shifts across multiple health systems or pharmacies

How Cranston Compares to Other RI Cities:

  • Providence: As the state's economic engine, Providence offers a higher concentration of hospital and specialty roles, pushing the average salary slightly higher ($138,000). However, competition is fiercer.
  • Warwick: Similar to Cranston, with a mix of retail and hospital jobs (Kent Hospital). Salaries are comparable, often within $1,000-$2,000 of Cranston's median.
  • Newport: Higher cost of living driven by tourism, but fewer pharmacist positions. Salaries can be slightly lower due to less diverse healthcare employers.

Insider Tip: The $136,397 median is a solid baseline, but don't be afraid to negotiate. With only 165 jobs in the metro area and a -3% 10-year job growth projection, the market is stable but not expanding. Employers know qualified pharmacists are valuable, especially those with experience in clinical settings or specialized fields like oncology or compounding.

๐Ÿ“Š Compensation Analysis

Cranston $50,134
National Average $50,000

๐Ÿ“ˆ Earning Potential

Entry Level $37,601 - $45,121
Mid Level $45,121 - $55,147
Senior Level $55,147 - $67,681
Expert Level $67,681 - $80,214

Wage War Room

Real purchasing power breakdown

Select a city above to see who really wins the salary war.

The Real Take-Home: After Taxes and Rent

Let's get practical. A six-figure salary in New England doesn't always feel like it with high taxes and housing costs. For a single pharmacist earning the median salary of $136,397, hereโ€™s a realistic monthly budget breakdown.

  • Gross Monthly Income: $11,366
  • Estimated Taxes (Federal, State, FICA @ ~28%): -$3,182
  • Net Monthly Take-Home: ~$8,184

Monthly Budget Breakdown:

  • Housing (1BR Apartment): $1,362 (Average for Cranston)
  • Utilities (Electric, Gas, Internet): $250
  • Groceries: $500
  • Car Payment/Insurance (Average): $600
  • Health Insurance (Employer-Sponsored): $300
  • Student Loans (Average for PharmD): $800
  • Retirement/Savings (10%): $1,100
  • Discretionary Spending: $3,272

Can You Afford to Buy a Home?
Yes, absolutely. With a take-home pay of over $8,000 monthly, homeownership is very attainable in Cranston. The median home price in Cranston is approximately $380,000. For a 20% down payment, you'd need $76,000. A 30-year mortgage at 6.5% would result in a monthly payment of roughly $2,400 (including taxes and insurance), which is about 30% of your net incomeโ€”a comfortable ratio.

Insider Tip: The Cost of Living Index in Cranston is 100.9, just slightly above the national average of 100. While this is manageable on a pharmacist's salary, it's a why many professionals choose to live in adjacent, more affordable towns and commute into Cranston or Providence for work.

๐Ÿ’ฐ Monthly Budget

$3,259
net/mo
Rent/Housing
$1,141
Groceries
$489
Transport
$391
Utilities
$261
Savings/Misc
$978

๐Ÿ“‹ Snapshot

$50,134
Median
$24.1/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: Cranston's Major Employers

Cranston's job market for pharmacists is a blend of large retail chains, community hospitals, and specialty compounding pharmacies. The -3% job growth indicates a mature market where positions are filled by attrition rather than expansion. Knowing the key players is crucial.

  1. Kent Hospital (Warwick, 5-minute drive): The largest employer in the region. They have a robust pharmacy department with roles for staff pharmacists, clinical specialists (e.g., ICU, infectious disease), and management. Hiring is competitive and often prioritizes candidates with residency training or equivalent hospital experience.
  2. CVS Health & Walgreens: With over 20 locations in Cranston and surrounding neighborhoods, these retail giants are the most consistent hirers. They offer steady hours, benefits, and pathways to management. Turnover can be higher here, opening doors for new pharmacists.
  3. The Apothecary at Garden City (Cranston): A well-regarded independent pharmacy known for personalized service and compounding. They provide an excellent alternative to the corporate retail environment. Hiring is less frequent but offers a chance to build deep community relationships.
  4. Neighborhood Health Pharmacy (Cranston): Another key independent, often focusing on long-term care and community outreach. This is a great setting for pharmacists who prefer a slower pace and direct patient interaction over high-volume dispensing.
  5. Rhode Island Hospital (Providence, 10-minute drive): Part of the Lifespan health system, this is a major teaching hospital. It offers the most specialized roles (oncology, pediatrics, specialty infusion) and is a hub for clinical research. They heavily favor candidates with a PGY-1 or PGY-2 residency.
  6. Pharmacy Compounding Centers of New England (Cranston/RI Area): Several compounding pharmacies service the region. These specialized roles require additional training and certification but command a premium salary and offer a unique, less traditional pharmacy career path.

Hiring Trends: The trend is moving toward clinical integration. Hospitals are expanding pharmacist roles in direct patient care and medication therapy management. In retail, the focus is on meeting metrics (immunizations, MTM) and managing technician workflows. Being proficient in these areas makes you a more attractive candidate.

Getting Licensed in RI

Rhode Island is part of the NABP's Multistate Pharmacy Jurisprudence Examination (MPJE) for its law exam. The process is straightforward but requires attention to detail.

  1. Education & Exams: You must have a Doctor of Pharmacy (PharmD) from an ACPE-accredited school and pass the NAPLEX (North American Pharmacist Licensure Examination).
  2. Rhode Island MPJE: This is the state-specific law exam. You must score 75% or higher. Study materials are available directly from the RI Board of Pharmacy. The cost is typically around $200.
  3. Application & Fees: Submit your application to the Rhode Island Department of Health, Board of Pharmacy. The application fee is approximately $200. You will need to provide official transcripts and NAPLEX/MPJE scores.
  4. Background Check: A criminal background check is required, which involves fingerprinting and an additional fee of about $50.
  5. Timeline: Once you have passed your exams, the application process can take 4-8 weeks for review and licensure. It's critical to ensure all documents are submitted correctly to avoid delays.

Insider Tip: The RI Board of Pharmacy website is your best friend. Keep an eye on any continuing education (CE) requirements for license renewal, which typically occur every two years. Pharmacists need to complete 24 hours of approved CE during each renewal period.

Best Neighborhoods for Pharmacists

Living in Cranston offers a variety of lifestyles and commute options to major employers. Here are top neighborhoods to consider:

Neighborhood Vibe & Lifestyle Avg. 1BR Rent Commute to Kent/Rhode Island Hospital
Garden City/Oak Lawn Upscale, commercial hub with shopping (Garden City Center), parks, and excellent schools. Very walkable and central. $1,500 10-15 min drive to Providence/Kent
Auburn Quiet, established residential area with single-family homes. Family-friendly and close to I-95 for easy commutes. $1,400 15-20 min drive
Meshanticut Known for its beautiful state park and lake, offering a more suburban, outdoor-oriented feel. Lower density. $1,350 15-20 min drive
Edgewood (Cranston) A charming, historic neighborhood with unique homes and a strong sense of community. Walkable to local shops. $1,450 15-20 min drive
Reservoir (Cranston) Affordable and centrally located, with easy access to both downtown Providence and Warwick. Great for commuters. $1,250 10-15 min drive

Insider Tip: If you're working at Kent Hospital, living in the Auburn or Reservoir neighborhoods provides the shortest, most predictable commute. For Rhode Island Hospital, being near I-95 in the Reservoir or Edgewood area is ideal. Traffic in the capital region is manageable but predictable during rush hour (7-9 AM, 4-6 PM).

The Long Game: Career Growth

With a -3% 10-year job growth in the metro area, career advancement in Cranston is less about vertical growth within a single company and more about strategic lateral moves into higher-paying specialties.

  • Specialty Premiums: The most significant salary boosts come from specialization. Pharmacists with BCPS (Board Certified Pharmacotherapy Specialist) or BCOP (Oncology) credentials can earn $10,000-$25,000 more than a generalist. These roles are primarily found at Rhode Island Hospital or in specialty infusion centers.
  • Advancement Paths:
    • Retail: Staff Pharmacist โ†’ Pharmacy Manager โ†’ District Manager (often requiring relocation).
    • Hospital: Staff Pharmacist โ†’ Clinical Pharmacist (requires BCPS) โ†’ Pharmacy Supervisor โ†’ Director of Pharmacy.
    • Alternative: Clinical Research Coordinator, Pharmaceutical Industry Liaison (based in the Boston/Providence corridor), or opening an independent compounding pharmacy.
  • Long-Term Outlook: The future for pharmacists in RI is tied to integrated care. Pharmacists who can demonstrate value in reducing hospital readmissions, managing chronic diseases in a clinic setting, or improving medication adherence will remain in high demand. The stagnant job growth means you must be proactive about upskilling to stay competitive.

The Verdict: Is Cranston Right for You?

Cranston offers a stable, well-compensated pharmacy career for those who value community, access to a major metro, and a balanced lifestyle. Itโ€™s not a boomtown, but a solid place to build a career and a life.

Pros Cons
Above-average salary compared to national average. Stagnant job growth (-3%) means fewer new opportunities.
Strategic location between Providence and Warwick. High state income tax (RI has a progressive system).
Diverse practice settings (retail, hospital, independent). Competitive market for hospital/specialty roles.
Attainable homeownership on a pharmacist's salary. Winters can be long and grey, which may affect some.
Access to a major metro (Boston is 1 hour away). Limited public transit; a car is essential.

Final Recommendation:
Cranston is an excellent choice for pharmacists who are mid-career or seeking a stable, long-term home. It is particularly well-suited for those with an interest in clinical roles, as the proximity to top-tier hospitals provides significant growth potential. It's less ideal for new graduates seeking a high volume of openings or for those looking for a fast-paced, high-growth corporate career. If you value a strong community, manageable cost of living, and the ability to comfortably purchase a home, Cranston is a pragmatic and rewarding place to practice pharmacy.

FAQs

1. Will my student loans be manageable on a Cranston salary?
Yes. With a median salary of $136,397, you can comfortably allocate $800-$1,200 per month to student loans and still have significant room in your budget for savings, housing, and discretionary spending. Rhode Island also offers some state-specific repayment assistance programs for healthcare professionals willing to work in underserved areas.

2. Do I need to live in Cranston to work there?
No. Many pharmacists commute from adjacent towns like Warwick, Johnston, or even parts of Providence. The commutes are generally short (10-25 minutes) by car. Living in a neighboring town may offer lower rent or access to different school districts while keeping you within easy reach of major employers.

3. How difficult is it to transition from retail to hospital pharmacy in this market?
It's a competitive transition. Hospitals like Kent and RI Island Hospital heavily favor candidates with a PGY-1 residency. However, it's not impossible. Building experience through per diem hospital shifts, obtaining a BCPS certification, and networking with pharmacy managers are key strategies. Starting in a large, high-volume retail setting that offers clinical services (like medication therapy management) can also help build a relevant resume.

4. What is the pharmacy community like in Providence County?
The community is tight-knit and supportive. The Rhode Island Pharmacists Association (RIPA) is active, offering excellent networking events, continuing education, and advocacy. Given the small size of the state, you'll quickly recognize colleagues across different practice settings, which can be great for career mobility.

5. Is the -3% job growth a concern?
It indicates a mature market, not a declining one. For every pharmacist that retires, a position opens up. The key is to make yourself the most qualified candidate for the roles that do appear. Focus on obtaining certifications (BCPS, BCACP) and gaining experience in high-demand areas like sterile compounding, oncology, or geriatrics to ensure you are always at the top of the candidate pool.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), RI State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 27, 2026 | Data refresh frequency: Monthly