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

What does a Pharmacists salary really buy you in Missouri?

Missouri is 8.9% cheaper than the US average

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

Nominal Salary
$134,450
Median annual (2024)
+9.8%
Real Purchasing Power
$147,585
COL-adjusted (RPP=91.1)

Missouri Cost of Living Index

Missouri's Regional Price Parity (RPP) is 91.1, meaning prices are 8.9% lower the national average. A Pharmacists earning $134,450 in Missouri has the equivalent purchasing power of $147,585 in an average-cost US state.

MO: 91.1
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 Missouri's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $78,840 $86,542 +$7,702
25th Percentile (P25) $125,520 $137,782 +$12,262
Median (P50) $134,450 $147,585 +$13,135
75th Percentile (P75) $154,300 $169,374 +$15,074
90th Percentile (P90) $162,620 $178,507 +$15,887
Key Insight

A Pharmacists in Missouri earns $134,450 on paper, but low living costs mean your money goes 10% further — like earning $147,585 in an average-cost state. This makes Missouri 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

Missouri ranks #13 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 Missouri after taxes →

Frequently Asked Questions

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

A Pharmacists in Missouri earns a median salary of $134,450 per year. After adjusting for Missouri's cost of living (RPP=91.1), the real purchasing power is $147,585 — a +9.8% difference.

Is Missouri expensive to live in?

Missouri's cost of living is 8.9% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Missouri is 91.1 (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 Missouri: $134,450 x (100 / 91.1) = $147,585. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Pharmacists in Missouri financially?

From a purchasing power perspective, yes. A Pharmacists in Missouri enjoys 9.8% 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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