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Average Pharmacists Salary in Puerto Rico

Pharmacists in Puerto Rico earn an average annual salary of $98,290, which is notably lower than the national average of $136,140. This disparity is often influenced by a combination of regional economic factors, local demand, and the specific healthcare landscape within the island territory.

Executive Summary

  • Average Salary: $98,290 per year.
  • Growth Trend: Salaries have shifted 6.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,000.
  • Outlook: With a local workforce of 2,200 Pharmacists, Puerto Rico demonstrates a steady presence in the pharmaceutical sector. The Location Quotient of 1.1 suggests a slightly higher concentration of these professionals compared to the national average, indicating a stable, albeit not rapidly expanding, demand for their expertise.
2024 Market Data

Salary Overview

$98,290

The average Pharmacists in Puerto Rico earns-27.8%below the national average.

BreakdownBased on 40h/week
Hourly

$47.3

Weekly

$1,890

Monthly

$8,191

Pharmacists Salary Distribution in Puerto Rico

Career progression for Pharmacists in Puerto Rico typically involves a significant salary increase from entry-level to senior positions. The widening percentile gaps in earnings reflect the value placed on experience, specialized skills, and leadership responsibilities, offering a clear path for career advancement and higher earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$46,700$22.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$73,718$35.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$107,100$51.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$122,863$59.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$128,000$61.5

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$98,290

Gross Pay

Real Wage (Purchasing Power)

$103,463

Adjusted for COL (95)

The nominal average salary of $98,290 in Puerto Rico should be viewed in the context of its Cost of Living Index of 95. This index, being slightly below the national average, suggests that the purchasing power of a Pharmacist's salary in Puerto Rico may be relatively stronger than the raw salary figures indicate, offering a potentially favorable financial environment.

Job Market Context

2,200

Total Jobs

2.342

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Puerto Rico has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.1 indicates that Puerto Rico has a slightly higher concentration of Pharmacists per worker than the national average. This suggests a competitive job market where employers may have a good pool of talent, but also signifies a robust demand for these essential healthcare professionals within the local economy.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Ponce, PR Pharmacists Salary$100,810↑ 3%15 mi
Arecibo, PR Pharmacists Salary$96,200↓ 2%19 mi
Mayaguez, PR Pharmacists Salary$100,390↑ 2%33 mi
Guayama, PR Pharmacists Salary$97,650↓ 1%36 mi
San Juan-Bayamon-Caguas, PR Pharmacists Salary$99,060↑ 1%37 mi

Comparing salaries near Puerto Rico

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Frequently Asked Questions

How much does a Pharmacists make in Puerto Rico?

The median annual salary for a Pharmacists in Puerto Rico is $98,290. This typically ranges from $46,700 for entry-level positions to $128,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Puerto Rico is 27.8% lower than the national median of $136,140.

Is Puerto Rico a lucrative place for Pharmacists?

Yes, with caveats.While the average salary is lower than the national average, the cost of living is also below the national average, potentially offering good purchasing power. The concentration of pharmacists suggests a stable job market.

Is Puerto Rico a good place to live for Pharmacists?

With a Cost of Living Index of 95 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Puerto Rico?

Some top paying nearby cities include Ponce, PR ($100,810) and Arecibo, PR.

How does the Puerto Rico Pharmacist salary compare to the US national average?

The average annual salary for Pharmacists in Puerto Rico is $98,290, which is approximately $38,000 less than the national average of $136,140.

What is the Cost of Living in Puerto Rico relative to the US mainland?

Puerto Rico's Cost of Living Index is 95, meaning it is 5% cheaper to live there than the national average (which is indexed at 100).

How many Pharmacists work in Puerto Rico?

There are approximately 2,200 Pharmacists employed in Puerto Rico, representing 2.342 jobs per 1,000 workers.

Is the job market for Pharmacists strong in Puerto Rico?

With a Location Quotient of 1.1, the market shows a slightly higher concentration of Pharmacists than the national average, indicating a healthy and stable demand for the profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,200 employees in the Puerto Rico area with a job density of 2.342 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Puerto Rico