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What does a Medical Records Specialists salary really buy you in New Jersey?
New Jersey is 8.8% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
New Jersey's Regional Price Parity (RPP) is 108.8, meaning prices are 8.8% higher the national average. A Medical Records Specialists earning $50,240 in New Jersey has the equivalent purchasing power of $46,176 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for New Jersey's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $33,280 | $30,588 | $-2,691 |
| 25th Percentile (P25) | $35,640 | $32,757 | $-2,882 |
| Median (P50) | $50,240 | $46,176 | $-4,063 |
| 75th Percentile (P75) | $64,700 | $59,466 | $-5,233 |
| 90th Percentile (P90) | $83,650 | $76,884 | $-6,765 |
While $50,240 sounds high, New Jersey's elevated cost of living erases 8% of that salary's purchasing power. Your real buying power is $46,176. Consider whether the higher pay offsets the higher costs.
New Jersey's RPP of 108.8 puts it 8.8% above the national baseline cost of living. A Medical Records Specialists needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.
After applying New Jersey's RPP, the $50,240 median salary translates to $46,176 in real terms — a 8.1% loss. That difference can cover several months of expenses over a year for a Medical Records Specialists.
New Jersey ranks #49 of 51 — bottom quartile for Medical Records Specialists real purchasing power. Relocation, employer negotiation, or remote roles at higher-paying markets tend to generate the biggest ROI.
Where does Medical Records Specialists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
New Jersey ranks #49 out of 51 states for Medical Records Specialists after cost-of-living adjustment.
How much do you actually take home? See Medical Records Specialists take-home pay in New Jersey after taxes →
A Medical Records Specialists in New Jersey earns a median salary of $50,240 per year. After adjusting for New Jersey's cost of living (RPP=108.8), the real purchasing power is $46,176 — a -8.1% difference.
New Jersey's cost of living is 8.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New Jersey is 108.8 (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 Medical Records Specialists in New Jersey: $50,240 x (100 / 108.8) = $46,176. This represents what the salary would be worth in a state with average living costs.
Partially — a Medical Records Specialists's nominal salary of $50,240 in New Jersey has 8.1% less purchasing power due to higher living costs. The real value is $46,176. However, New Jersey may offer better career opportunities, networking, and industry access.
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