Accountants and Auditors Salary in Maryland: Cost of Living Adjusted (2024)

What does a Accountants and Auditors salary really buy you in Maryland?

Maryland is 5.0% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$83,060
Median annual (2024)
-4.8%
Real Purchasing Power
$79,104
COL-adjusted (RPP=105.0)

Maryland Cost of Living Index

Maryland's Regional Price Parity (RPP) is 105.0, meaning prices are 5.0% higher the national average. A Accountants and Auditors earning $83,060 in Maryland has the equivalent purchasing power of $79,104 in an average-cost US state.

MD: 105.0
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Maryland's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $57,770 $55,019 $-2,750
25th Percentile (P25) $67,000 $63,809 $-3,190
Median (P50) $83,060 $79,104 $-3,955
75th Percentile (P75) $108,700 $103,523 $-5,176
90th Percentile (P90) $141,400 $134,666 $-6,733
Key Insight

While $83,060 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $79,104. Consider whether the higher pay offsets the higher costs.

Best States for Accountants and Auditors (After Cost of Living)

Where does Accountants and Auditors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$93,949
RPP 107.6
$91,645
RPP 108.8
$88,013
RPP 104.7
$87,427
RPP 116.6
$85,352
RPP 88.0
$85,022
RPP 88.8
$84,840
RPP 94.2
8. Kansas
$84,300
RPP 90.0
$83,724
RPP 98.0
10. Wisconsin
$82,892
RPP 92.3

Maryland ranks #25 out of 51 states for Accountants and Auditors after cost-of-living adjustment.

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How much do you actually take home? See Accountants and Auditors take-home pay in Maryland after taxes →

Frequently Asked Questions

What is the real salary for a Accountants and Auditors in Maryland after cost of living?

A Accountants and Auditors in Maryland earns a median salary of $83,060 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $79,104 — a -4.8% difference.

Is Maryland expensive to live in?

Maryland's cost of living is 5.0% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Maryland is 105.0 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Accountants and Auditors in Maryland: $83,060 x (100 / 105.0) = $79,104. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Maryland offset the salary?

Partially — a Accountants and Auditors's nominal salary of $83,060 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $79,104. However, Maryland may offer better career opportunities, networking, and industry access.

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