AmericaByNumbers.com

Compensation and Benefits Managers Salary in Maryland: Cost of Living Adjusted (2024)

What does a Compensation and Benefits Managers 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
$143,910
Median annual (2024)
-4.8%
Real Purchasing Power
$137,057
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 Compensation and Benefits Managers earning $143,910 in Maryland has the equivalent purchasing power of $137,057 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) $88,760 $84,533 $-4,226
25th Percentile (P25) $110,860 $105,580 $-5,279
Median (P50) $143,910 $137,057 $-6,852
75th Percentile (P75) $189,070 $180,066 $-9,003
90th Percentile (P90) $225,170 $214,447 $-10,722
Key Insight

While $143,910 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $137,057. Consider whether the higher pay offsets the higher costs.

Best States for Compensation and Benefits Managers (After Cost of Living)

Where does Compensation and Benefits Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$187,905
RPP 109.8
$174,918
RPP 104.7
$167,886
RPP 108.8
$167,776
RPP 102.1
$166,279
RPP 109.4
$163,931
RPP 107.6
$155,982
RPP 102.3
$154,236
RPP 92.3
$149,539
RPP 93.4
10. Georgia
$147,390
RPP 95.8

Maryland ranks #18 out of 42 states for Compensation and Benefits Managers 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 Compensation and Benefits Managers in Maryland after cost of living?

A Compensation and Benefits Managers in Maryland earns a median salary of $143,910 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $137,057 — 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 Compensation and Benefits Managers in Maryland: $143,910 x (100 / 105.0) = $137,057. 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 Compensation and Benefits Managers's nominal salary of $143,910 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $137,057. However, Maryland may offer better career opportunities, networking, and industry access.

Related Salary Pages