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Real Estate Brokers Salary in Maryland: Cost of Living Adjusted (2024)

What does a Real Estate Brokers 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
$82,500
Median annual (2024)
-4.8%
Real Purchasing Power
$78,571
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 Real Estate Brokers earning $82,500 in Maryland has the equivalent purchasing power of $78,571 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) $54,570 $51,971 $-2,598
25th Percentile (P25) $54,570 $51,971 $-2,598
Median (P50) $82,500 $78,571 $-3,928
75th Percentile (P75) $118,460 $112,819 $-5,640
90th Percentile (P90) $160,010 $152,390 $-7,619
Key Insight

While $82,500 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $78,571. Consider whether the higher pay offsets the higher costs.

Best States for Real Estate Brokers (After Cost of Living)

Where does Real Estate Brokers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$132,262
RPP 88.4
$102,541
RPP 109.4
3. Nevada
$89,968
RPP 96.4
$87,518
RPP 107.6
5. Utah
$85,957
RPP 94.5
$85,648
RPP 91.0
$85,441
RPP 106.4
$85,376
RPP 108.8
9. Indiana
$83,148
RPP 91.8
10. Vermont
$81,374
RPP 101.1

Maryland ranks #12 out of 42 states for Real Estate Brokers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Brokers in Maryland after cost of living?

A Real Estate Brokers in Maryland earns a median salary of $82,500 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $78,571 — 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 Real Estate Brokers in Maryland: $82,500 x (100 / 105.0) = $78,571. 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 Real Estate Brokers's nominal salary of $82,500 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $78,571. However, Maryland may offer better career opportunities, networking, and industry access.

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