AmericaByNumbers.com

Precision Instrument and Equipment Repairers, All Other Salary in Massachusetts: Cost of Living Adjusted (2024)

What does a Precision Instrument and Equipment Repairers, All Other 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 2026-03-31

Nominal Salary
$60,640
Median annual (2024)
-8.6%
Real Purchasing Power
$55,429
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 Precision Instrument and Equipment Repairers, All Other earning $60,640 in Massachusetts has the equivalent purchasing power of $55,429 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) $57,220 $52,303 $-4,916
25th Percentile (P25) $58,190 $53,190 $-4,999
Median (P50) $60,640 $55,429 $-5,210
75th Percentile (P75) $73,280 $66,983 $-6,296
90th Percentile (P90) $99,740 $91,170 $-8,569
Key Insight

While $60,640 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $55,429. Consider whether the higher pay offsets the higher costs.

Best States for Precision Instrument and Equipment Repairers, All Other (After Cost of Living)

Where does Precision Instrument and Equipment Repairers, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alaska
$108,784
RPP 102.0
$87,135
RPP 91.8
$82,258
RPP 107.6
$81,964
RPP 90.6
$81,877
RPP 98.0
$80,586
RPP 102.3
7. Alabama
$80,000
RPP 87.8
$79,717
RPP 109.8
$78,888
RPP 87.3
10. Ohio
$75,901
RPP 91.5

Massachusetts ranks #37 out of 40 states for Precision Instrument and Equipment Repairers, All Other after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Precision Instrument and Equipment Repairers, All Other in Massachusetts after cost of living?

A Precision Instrument and Equipment Repairers, All Other in Massachusetts earns a median salary of $60,640 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $55,429 — 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 Precision Instrument and Equipment Repairers, All Other in Massachusetts: $60,640 x (100 / 109.4) = $55,429. 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 Precision Instrument and Equipment Repairers, All Other's nominal salary of $60,640 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $55,429. However, Massachusetts may offer better career opportunities, networking, and industry access.

Related Salary Pages