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

What does a Real Estate Brokers salary really buy you in Ohio?

Ohio is 8.5% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$45,850
Median annual (2024)
+9.3%
Real Purchasing Power
$50,109
COL-adjusted (RPP=91.5)

Ohio Cost of Living Index

Ohio's Regional Price Parity (RPP) is 91.5, meaning prices are 8.5% lower the national average. A Real Estate Brokers earning $45,850 in Ohio has the equivalent purchasing power of $50,109 in an average-cost US state.

OH: 91.5
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 Ohio's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $30,900 $33,770 +$2,870
25th Percentile (P25) $42,390 $46,327 +$3,937
Median (P50) $45,850 $50,109 +$4,259
75th Percentile (P75) $82,200 $89,836 +$7,636
90th Percentile (P90) $120,800 $132,021 +$11,221
Key Insight

A Real Estate Brokers in Ohio earns $45,850 on paper, but low living costs mean your money goes 9% further — like earning $50,109 in an average-cost state. This makes Ohio one of the best value states for this occupation.

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

Ohio ranks #38 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 Ohio after cost of living?

A Real Estate Brokers in Ohio earns a median salary of $45,850 per year. After adjusting for Ohio's cost of living (RPP=91.5), the real purchasing power is $50,109 — a +9.3% difference.

Is Ohio expensive to live in?

Ohio's cost of living is 8.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Ohio is 91.5 (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 Ohio: $45,850 x (100 / 91.5) = $50,109. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Real Estate Brokers in Ohio financially?

From a purchasing power perspective, yes. A Real Estate Brokers in Ohio enjoys 9.3% 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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