AmericaByNumbers.com

Bill and Account Collectors Salary in Maryland: Cost of Living Adjusted (2024)

What does a Bill and Account Collectors 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 2026-03-31

Nominal Salary
$50,050
Median annual (2024)
-4.8%
Real Purchasing Power
$47,666
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 Bill and Account Collectors earning $50,050 in Maryland has the equivalent purchasing power of $47,666 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) $38,790 $36,942 $-1,847
25th Percentile (P25) $45,560 $43,390 $-2,169
Median (P50) $50,050 $47,666 $-2,383
75th Percentile (P75) $55,880 $53,219 $-2,660
90th Percentile (P90) $63,910 $60,866 $-3,043
Key Insight

While $50,050 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $47,666. Consider whether the higher pay offsets the higher costs.

Best States for Bill and Account Collectors (After Cost of Living)

Where does Bill and Account Collectors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alaska
$56,931
RPP 102.0
$52,708
RPP 92.3
$50,939
RPP 106.4
$50,846
RPP 91.0
5. Montana
$50,753
RPP 90.3
$50,728
RPP 112.5
7. Vermont
$50,514
RPP 101.1
$50,219
RPP 104.7
$50,212
RPP 89.4
10. Missouri
$49,989
RPP 91.1

Maryland ranks #20 out of 50 states for Bill and Account Collectors after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Bill and Account Collectors in Maryland after cost of living?

A Bill and Account Collectors in Maryland earns a median salary of $50,050 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $47,666 — 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 Bill and Account Collectors in Maryland: $50,050 x (100 / 105.0) = $47,666. 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 Bill and Account Collectors's nominal salary of $50,050 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $47,666. However, Maryland may offer better career opportunities, networking, and industry access.

Related Salary Pages