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

What does a Pharmacists salary really buy you in Massachusetts?

Massachusetts is 9.4% pricier than the US average

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

Nominal Salary
$135,200
Median annual (2024)
-8.6%
Real Purchasing Power
$123,583
COL-adjusted (RPP=109.4)

Massachusetts Cost of Living Index

Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A Pharmacists earning $135,200 in Massachusetts has the equivalent purchasing power of $123,583 in an average-cost US state.

MA: 109.4
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 Massachusetts's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $71,320 $65,191 $-6,128
25th Percentile (P25) $125,720 $114,917 $-10,802
Median (P50) $135,200 $123,583 $-11,616
75th Percentile (P75) $148,440 $135,685 $-12,754
90th Percentile (P90) $156,940 $143,455 $-13,484
Key Insight

While $135,200 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $123,583. 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

Massachusetts ranks #48 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 Massachusetts after taxes →

Frequently Asked Questions

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

A Pharmacists in Massachusetts earns a median salary of $135,200 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $123,583 — a -8.6% difference.

Is Massachusetts expensive to live in?

Massachusetts's cost of living is 9.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Massachusetts is 109.4 (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 Massachusetts: $135,200 x (100 / 109.4) = $123,583. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Pharmacists's nominal salary of $135,200 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $123,583. However, Massachusetts may offer better career opportunities, networking, and industry access.

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