Can you use the same PS+ account for 2 local PS4 accounts?

I haven't used PS+ in a couple years, and my roommate just bought Destiny 2, so I have a couple questions about renewing my subscription. Can we login to separate local PS4 accounts to with the same PS+ so we each have our own Destiny accounts to play with? This is all on one console. I just don't want to have us to pay for separate PS+ accounts just to have 2 different Destiny 2 profiles.

Thanks for the help!