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Insurance Underwriters Salary in Maine: Cost of Living Adjusted (2024)

What does a Insurance Underwriters 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
$96,600
Median annual (2024)
-0.8%
Real Purchasing Power
$95,833
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 Insurance Underwriters earning $96,600 in Maine has the equivalent purchasing power of $95,833 in an average-cost US state.

ME: 100.8
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 Maine's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $61,110 $60,625 $-485
25th Percentile (P25) $65,820 $65,297 $-522
Median (P50) $96,600 $95,833 $-766
75th Percentile (P75) $129,950 $128,918 $-1,031
90th Percentile (P90) $133,170 $132,113 $-1,056
Key Insight

Maine's cost of living is close to the national average, so $96,600 keeps most of its value at $95,833 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Insurance Underwriters (After Cost of Living)

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

1. Vermont
$105,628
RPP 101.1
$97,800
RPP 102.3
3. Maine
$95,833
RPP 100.8
$94,738
RPP 88.0
$91,454
RPP 89.4
$91,453
RPP 109.4
7. Kansas
$91,022
RPP 90.0
8. Nevada
$90,549
RPP 96.4
$89,718
RPP 106.4
$89,312
RPP 107.6

Maine ranks #3 out of 49 states for Insurance Underwriters after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Insurance Underwriters in Maine after cost of living?

A Insurance Underwriters in Maine earns a median salary of $96,600 per year. After adjusting for Maine's cost of living (RPP=100.8), the real purchasing power is $95,833 — 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 Insurance Underwriters in Maine: $96,600 x (100 / 100.8) = $95,833. This represents what the salary would be worth in a state with average living costs.

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