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Financial Specialists, All Other Salary in Maryland: Cost of Living Adjusted (2024)

What does a Financial Specialists, All Other 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
$102,500
Median annual (2024)
-4.8%
Real Purchasing Power
$97,619
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 Financial Specialists, All Other earning $102,500 in Maryland has the equivalent purchasing power of $97,619 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) $50,920 $48,495 $-2,424
25th Percentile (P25) $68,640 $65,371 $-3,268
Median (P50) $102,500 $97,619 $-4,880
75th Percentile (P75) $133,680 $127,314 $-6,365
90th Percentile (P90) $161,700 $154,000 $-7,700
Key Insight

While $102,500 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $97,619. Consider whether the higher pay offsets the higher costs.

Best States for Financial Specialists, All Other (After Cost of Living)

Where does Financial Specialists, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$113,856
RPP 107.6
2. Ohio
$98,546
RPP 91.5
$97,619
RPP 105.0
$97,466
RPP 89.2
5. Indiana
$95,599
RPP 91.8
6. Alabama
$89,259
RPP 87.8
$88,045
RPP 96.2
$87,303
RPP 94.2
$87,237
RPP 88.7
10. Michigan
$87,226
RPP 93.4

Maryland ranks #3 out of 49 states for Financial Specialists, All Other after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Specialists, All Other in Maryland after cost of living?

A Financial Specialists, All Other in Maryland earns a median salary of $102,500 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $97,619 — 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 Financial Specialists, All Other in Maryland: $102,500 x (100 / 105.0) = $97,619. 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 Financial Specialists, All Other's nominal salary of $102,500 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $97,619. However, Maryland may offer better career opportunities, networking, and industry access.

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