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Family Medicine Physicians Salary in Texas: Cost of Living Adjusted (2024)

What does a Family Medicine Physicians salary really buy you in Texas?

Texas is 2.5% cheaper than the US average

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

Nominal Salary
$228,560
Median annual (2024)
+2.6%
Real Purchasing Power
$234,420
COL-adjusted (RPP=97.5)

Texas Cost of Living Index

Texas's Regional Price Parity (RPP) is 97.5, meaning prices are 2.5% lower the national average. A Family Medicine Physicians earning $228,560 in Texas has the equivalent purchasing power of $234,420 in an average-cost US state.

TX: 97.5
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

Texas's cost of living is close to the national average, so $228,560 keeps most of its value at $234,420 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Family Medicine Physicians (After Cost of Living)

Where does Family Medicine Physicians salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$265,269
RPP 87.3
2. Kansas
$263,555
RPP 90.0
$253,151
RPP 93.6
$249,509
RPP 91.8
$247,113
RPP 88.0
$246,869
RPP 88.8
$241,305
RPP 94.2
8. Ohio
$241,092
RPP 91.5
$240,775
RPP 98.0
10. Missouri
$238,188
RPP 91.1

Texas ranks #12 out of 24 states for Family Medicine Physicians after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Family Medicine Physicians in Texas after cost of living?

A Family Medicine Physicians in Texas earns a median salary of $228,560 per year. After adjusting for Texas's cost of living (RPP=97.5), the real purchasing power is $234,420 — a +2.6% difference.

Is Texas expensive to live in?

Texas's cost of living is 2.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Texas is 97.5 (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 Family Medicine Physicians in Texas: $228,560 x (100 / 97.5) = $234,420. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Family Medicine Physicians in Texas financially?

From a purchasing power perspective, yes. A Family Medicine Physicians in Texas enjoys 2.6% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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