Pharmacists Salary in Arizona: Cost of Living Adjusted (2024)

What does a Pharmacists salary really buy you in Arizona?

Arizona is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$136,960
Median annual (2024)
+0.1%
Real Purchasing Power
$137,097
COL-adjusted (RPP=99.9)

Arizona Cost of Living Index

Arizona's Regional Price Parity (RPP) is 99.9, meaning prices are 0.1% lower the national average. A Pharmacists earning $136,960 in Arizona has the equivalent purchasing power of $137,097 in an average-cost US state.

AZ: 99.9
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 Arizona's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $82,160 $82,242 +$82
25th Percentile (P25) $125,600 $125,725 +$125
Median (P50) $136,960 $137,097 +$137
75th Percentile (P75) $153,860 $154,014 +$154
90th Percentile (P90) $165,330 $165,495 +$165
Key Insight

Arizona's cost of living is close to the national average, so $136,960 keeps most of its value at $137,097 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Pharmacists (After Cost of Living)

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

$153,977
RPP 88.0
$153,705
RPP 97.7
$151,859
RPP 86.6
$151,826
RPP 88.7
$151,278
RPP 92.3
6. Alabama
$150,205
RPP 87.8
7. Alaska
$149,735
RPP 102.0
$149,358
RPP 87.3
$148,230
RPP 91.0
10. Iowa
$148,065
RPP 88.4

Arizona ranks #38 out of 51 states for Pharmacists after cost-of-living adjustment.

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How much do you actually take home? See Pharmacists take-home pay in Arizona after taxes →

Frequently Asked Questions

What is the real salary for a Pharmacists in Arizona after cost of living?

A Pharmacists in Arizona earns a median salary of $136,960 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $137,097 — a +0.1% difference.

Is Arizona expensive to live in?

Arizona's cost of living is 0.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arizona is 99.9 (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 Pharmacists in Arizona: $136,960 x (100 / 99.9) = $137,097. This represents what the salary would be worth in a state with average living costs.

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