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Physicians, All Other Salary in Maryland: Cost of Living Adjusted (2024)

What does a Physicians, All Other 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 2026-03-31

Nominal Salary
$209,370
Median annual (2024)
-4.8%
Real Purchasing Power
$199,400
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 Physicians, All Other earning $209,370 in Maryland has the equivalent purchasing power of $199,400 in an average-cost US state.

MD: 105.0
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

While $209,370 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $199,400. Consider whether the higher pay offsets the higher costs.

Best States for Physicians, All Other (After Cost of Living)

Where does Physicians, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$256,367
RPP 89.2
2. Ohio
$252,786
RPP 91.5
$251,560
RPP 94.2
4. Utah
$246,285
RPP 94.5
$236,918
RPP 98.0
6. Arizona
$223,903
RPP 99.9
$220,920
RPP 107.6
$219,549
RPP 108.8
$219,044
RPP 104.7
10. Illinois
$216,071
RPP 101.3

Maryland ranks #13 out of 17 states for Physicians, All Other after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Physicians, All Other in Maryland after cost of living?

A Physicians, All Other in Maryland earns a median salary of $209,370 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $199,400 — 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 Physicians, All Other in Maryland: $209,370 x (100 / 105.0) = $199,400. 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 Physicians, All Other's nominal salary of $209,370 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $199,400. However, Maryland may offer better career opportunities, networking, and industry access.

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