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Pharmacist Salary in Oregon: Cost of Living Adjusted (2024)

What does a Pharmacist salary really buy you in Oregon?

Oregon is 6.6% pricier than the US average

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

Nominal Salary
$163,120
Median annual (2024)
-6.2%
Real Purchasing Power
$153,020
COL-adjusted (RPP=106.6)

Oregon Cost of Living Index

Oregon's Regional Price Parity (RPP) is 106.6, meaning prices are 6.6% higher the national average. A Pharmacist earning $163,120 in Oregon has the equivalent purchasing power of $153,020 in an average-cost US state.

OR: 106.6
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 Oregon's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $125,880 $118,086 $-7,793
25th Percentile (P25) $141,420 $132,664 $-8,755
Median (P50) $163,120 $153,020 $-10,099
75th Percentile (P75) $179,280 $168,180 $-11,099
90th Percentile (P90) $192,810 $180,872 $-11,937
Key Insight

While $163,120 sounds high, Oregon's elevated cost of living erases 6% of that salary's purchasing power. Your real buying power is $153,020. Consider whether the higher pay offsets the higher costs.

Best States for Pharmacist (After Cost of Living)

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

1. Alaska
$160,000
RPP 102.0
$159,306
RPP 88.0
$158,249
RPP 97.7
$155,000
RPP 86.6
5. Oregon
$153,020
RPP 106.6
$152,841
RPP 88.7
7. Alabama
$152,539
RPP 87.8
$152,123
RPP 92.3
9. Montana
$151,971
RPP 90.3
$151,683
RPP 87.3

Oregon ranks #5 out of 50 states for Pharmacist after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Pharmacist in Oregon after cost of living?

A Pharmacist in Oregon earns a median salary of $163,120 per year. After adjusting for Oregon's cost of living (RPP=106.6), the real purchasing power is $153,020 — a -6.2% difference.

Is Oregon expensive to live in?

Oregon's cost of living is 6.6% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Oregon is 106.6 (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 Pharmacist in Oregon: $163,120 x (100 / 106.6) = $153,020. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Pharmacist's nominal salary of $163,120 in Oregon has 6.2% less purchasing power due to higher living costs. The real value is $153,020. However, Oregon may offer better career opportunities, networking, and industry access.

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