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Chief Executives Salary in Maine: Cost of Living Adjusted (2024)

What does a Chief Executives salary really buy you in Maine?

Maine is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$120,160
Median annual (2024)
-0.8%
Real Purchasing Power
$119,206
COL-adjusted (RPP=100.8)

Maine Cost of Living Index

Maine's Regional Price Parity (RPP) is 100.8, meaning prices are 0.8% higher the national average. A Chief Executives earning $120,160 in Maine has the equivalent purchasing power of $119,206 in an average-cost US state.

ME: 100.8
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

Maine's cost of living is close to the national average, so $120,160 keeps most of its value at $119,206 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Chief Executives (After Cost of Living)

Where does Chief Executives salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$234,721
RPP 93.4
$229,487
RPP 89.8
$229,220
RPP 96.2
4. Ohio
$227,967
RPP 91.5
$226,533
RPP 92.3
6. Indiana
$224,161
RPP 91.8
7. Montana
$215,348
RPP 90.3
8. Georgia
$210,594
RPP 95.8
9. Hawaii
$208,935
RPP 110.8
$203,957
RPP 89.2

Maine ranks #37 out of 37 states for Chief Executives after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Chief Executives in Maine after cost of living?

A Chief Executives in Maine earns a median salary of $120,160 per year. After adjusting for Maine's cost of living (RPP=100.8), the real purchasing power is $119,206 — a -0.8% difference.

Is Maine expensive to live in?

Maine's cost of living is 0.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Maine is 100.8 (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 Chief Executives in Maine: $120,160 x (100 / 100.8) = $119,206. This represents what the salary would be worth in a state with average living costs.

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