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

What does a Pharmacists salary really buy you in Iowa?

Iowa is 11.6% cheaper than the US average

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

Nominal Salary
$130,890
Median annual (2024)
+13.1%
Real Purchasing Power
$148,065
COL-adjusted (RPP=88.4)

Iowa Cost of Living Index

Iowa's Regional Price Parity (RPP) is 88.4, meaning prices are 11.6% lower the national average. A Pharmacists earning $130,890 in Iowa has the equivalent purchasing power of $148,065 in an average-cost US state.

IA: 88.4
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 Iowa's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $106,750 $120,757 +$14,007
25th Percentile (P25) $122,340 $138,393 +$16,053
Median (P50) $130,890 $148,065 +$17,175
75th Percentile (P75) $142,150 $160,803 +$18,653
90th Percentile (P90) $153,040 $173,122 +$20,082
Key Insight

A Pharmacists in Iowa earns $130,890 on paper, but low living costs mean your money goes 13% further — like earning $148,065 in an average-cost state. This makes Iowa one of the best value states for this occupation.

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

Iowa ranks #10 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 Iowa after taxes →

Frequently Asked Questions

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

A Pharmacists in Iowa earns a median salary of $130,890 per year. After adjusting for Iowa's cost of living (RPP=88.4), the real purchasing power is $148,065 — a +13.1% difference.

Is Iowa expensive to live in?

Iowa's cost of living is 11.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Iowa is 88.4 (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 Iowa: $130,890 x (100 / 88.4) = $148,065. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Pharmacists in Iowa financially?

From a purchasing power perspective, yes. A Pharmacists in Iowa enjoys 13.1% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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