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

What does a Real Estate Brokers 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
$112,180
Median annual (2024)
-8.6%
Real Purchasing Power
$102,541
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 Real Estate Brokers earning $112,180 in Massachusetts has the equivalent purchasing power of $102,541 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) $48,450 $44,287 $-4,162
25th Percentile (P25) $74,540 $68,135 $-6,404
Median (P50) $112,180 $102,541 $-9,638
75th Percentile (P75) $163,370 $149,332 $-14,037
90th Percentile (P90) $188,800 $172,577 $-16,222
Key Insight

While $112,180 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $102,541. 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

Massachusetts ranks #2 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 Massachusetts after cost of living?

A Real Estate Brokers in Massachusetts earns a median salary of $112,180 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $102,541 — 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 Real Estate Brokers in Massachusetts: $112,180 x (100 / 109.4) = $102,541. 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 Real Estate Brokers's nominal salary of $112,180 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $102,541. However, Massachusetts may offer better career opportunities, networking, and industry access.

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