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

What does a Pharmacists salary really buy you in Maryland?

Maryland is 5.0% pricier than the US average

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

Nominal Salary
$133,400
Median annual (2024)
-4.8%
Real Purchasing Power
$127,047
COL-adjusted (RPP=105.0)

Maryland Cost of Living Index

Maryland's Regional Price Parity (RPP) is 105.0, meaning prices are 5.0% higher the national average. A Pharmacists earning $133,400 in Maryland has the equivalent purchasing power of $127,047 in an average-cost US state.

MD: 105.0
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 Maryland's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $83,080 $79,123 $-3,956
25th Percentile (P25) $125,430 $119,457 $-5,972
Median (P50) $133,400 $127,047 $-6,352
75th Percentile (P75) $152,370 $145,114 $-7,255
90th Percentile (P90) $166,380 $158,457 $-7,922
Key Insight

While $133,400 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $127,047. Consider whether the higher pay offsets the higher costs.

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

Maryland ranks #45 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 Maryland after taxes →

Frequently Asked Questions

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

A Pharmacists in Maryland earns a median salary of $133,400 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $127,047 — a -4.8% difference.

Is Maryland expensive to live in?

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).

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 Maryland: $133,400 x (100 / 105.0) = $127,047. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Pharmacists's nominal salary of $133,400 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $127,047. However, Maryland may offer better career opportunities, networking, and industry access.

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