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

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

Virginia is 2.1% pricier than the US average

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

Nominal Salary

$219,500

Median annual (2024)

→ -2.1%

Real Purchasing Power

$214,985

COL-adjusted (RPP=102.1)

Virginia Cost of Living Index

Virginia's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Family Medicine Physicians earning $219,500 in Virginia has the equivalent purchasing power of $214,985 in an average-cost US state.

VA: 102.1

Cheapest (~85) US Avg (100) Priciest (~115)

Key Insight

Virginia's cost of living is close to the national average, so $219,500 keeps most of its value at $214,985 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.

1. Mississippi

$265,269

RPP 87.3

2. Kansas

$263,555

RPP 90.0

3. South Carolina

$253,151

RPP 93.6

4. Tennessee

$249,509

RPP 91.8

5. South Dakota

$247,113

RPP 88.0

6. Oklahoma

$246,869

RPP 88.8

7. North Carolina

$241,305

RPP 94.2

8. Ohio

$241,092

RPP 91.5

9. Delaware

$240,775

RPP 98.0

10. Missouri

$238,188

RPP 91.1

Virginia ranks #19 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 Virginia after cost of living?

A Family Medicine Physicians in Virginia earns a median salary of $219,500 per year. After adjusting for Virginia's cost of living (RPP=102.1), the real purchasing power is $214,985 — a -2.1% difference.

Is Virginia expensive to live in?

Virginia's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Virginia is 102.1 (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 Virginia: $219,500 x (100 / 102.1) = $214,985. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Family Medicine Physicians's nominal salary of $219,500 in Virginia has 2.1% less purchasing power due to higher living costs. The real value is $214,985. However, Virginia may offer better career opportunities, networking, and industry access.