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What does a Insurance Underwriters salary really buy you in Maryland?
Maryland is 5.0% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Maryland's Regional Price Parity (RPP) is 105.0, meaning prices are 5.0% higher the national average. A Insurance Underwriters earning $92,120 in Maryland has the equivalent purchasing power of $87,733 in an average-cost US state.
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) | $59,520 | $56,685 | $-2,834 |
| 25th Percentile (P25) | $68,930 | $65,647 | $-3,282 |
| Median (P50) | $92,120 | $87,733 | $-4,386 |
| 75th Percentile (P75) | $116,990 | $111,419 | $-5,570 |
| 90th Percentile (P90) | $152,690 | $145,419 | $-7,270 |
While $92,120 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $87,733. Consider whether the higher pay offsets the higher costs.
Maryland's RPP of 105.0 puts it 5.0% above the national baseline cost of living. A Insurance Underwriters needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.
After applying Maryland's RPP, the $92,120 median salary translates to $87,733 in real terms — a 4.8% loss. That difference can cover several months of expenses over a year for a Insurance Underwriters.
Maryland sits at #17 of 49 states for Insurance Underwriters COL-adjusted salary — comfortably above the national midpoint.
Where does Insurance Underwriters salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Maryland ranks #17 out of 49 states for Insurance Underwriters after cost-of-living adjustment.
How much do you actually take home? See Insurance Underwriters take-home pay in Maryland after taxes →
A Insurance Underwriters in Maryland earns a median salary of $92,120 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $87,733 — a -4.8% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Insurance Underwriters in Maryland: $92,120 x (100 / 105.0) = $87,733. This represents what the salary would be worth in a state with average living costs.
Partially — a Insurance Underwriters's nominal salary of $92,120 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $87,733. However, Maryland may offer better career opportunities, networking, and industry access.
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