analytics Real Pay Index BLS wages × BEA cost of living May 2025 release

Pharmacist Salary, Adjusted for Cost of Living

Pharmacists earn the most in Alaska ($167,310/yr) — but once you adjust for what a dollar actually buys there, Alaska drops to #2, and South Dakota pays the most real money ($165,703 in U.S.-average buying power).

paid Highest nominal pay
AK · $167,310
savings Highest real pay
SD · $165,703
trending_up Biggest climb (COL-adjusted)
MS ▲ 36 spots
Rank states by
# State Nominal / yr Cost of living Real pay / yr COL shift
South Dakota $146,790 89 $165,703 ▲ 12
Alaska $167,310 102 $163,454 ▼ 1
Minnesota $159,740 99 $161,974 ▲ 3
Oregon $165,960 103 $160,563 ▼ 2
North Dakota $142,040 89 $159,669 ▲ 16
New Mexico $147,000 92 $159,415 ▲ 5
Iowa $138,860 88 $158,223 ▲ 22
Wisconsin $148,740 94 $158,074 ▲ 2
Arkansas $136,060 87 $156,504 ▲ 33
Nebraska $139,330 90 $154,634 ▲ 16
Indiana $144,290 93 $154,604 ▲ 4
Oklahoma $135,140 88 $153,843 ▲ 33
Mississippi $133,230 87 $153,221 ▲ 36
Delaware $152,880 100 $153,174 ▼ 5
Kansas $137,800 90 $152,996 ▲ 20
Idaho $144,900 96 $151,737 ▼ 2
Alabama $134,630 89 $151,571 ▲ 29
Missouri $137,610 91 $151,524 ▲ 19
Kentucky $136,530 90 $151,432 ▲ 21
Colorado $156,030 103 $151,409 ▼ 13
Wyoming $139,550 93 $150,554 ▲ 4
Montana $142,080 95 $150,119 ▼ 2
Louisiana $132,410 88 $150,113 ▲ 27
Washington $160,610 107 $150,085 ▼ 19
West Virginia $133,430 90 $149,089 ▲ 22
California $164,610 111 $148,672 ▼ 23
Hawaii $163,220 110 $148,448 ▼ 23
Ohio $137,020 93 $147,692 ▲ 11
North Carolina $138,860 94 $147,213 ▲ 1
Arizona $146,930 101 $145,942 ▼ 18
Utah $144,240 99 $145,897 ▼ 15
Maine $140,930 97 $145,214 ▼ 9
Tennessee $133,390 92 $145,194 ▲ 15
South Carolina $135,700 94 $144,748 ▲ 10
Michigan $137,860 96 $143,280 ▼ 1
Virginia $144,060 101 $142,487 ▼ 19
Texas $138,260 97 $142,452 ▼ 6
Georgia $137,120 96 $142,399
Pennsylvania $138,160 98 $141,598 ▼ 6
Nevada $140,030 100 $140,059 ▼ 16
District of Columbia $153,400 110 $139,580 ▼ 33
Illinois $139,080 100 $139,138 ▼ 15
Vermont $136,270 98 $139,111 ▼ 2
New Hampshire $143,020 104 $137,301 ▼ 26
Connecticut $141,290 104 $136,367 ▼ 23
Maryland $138,990 105 $132,423 ▼ 18
New York $142,090 108 $131,661 ▼ 28
Florida $135,970 103 $131,481 ▼ 5
Massachusetts $138,170 106 $130,649 ▼ 17
New Jersey $137,620 109 $126,483 ▼ 14
Rhode Island $128,180 102 $125,323

How to read this

Nominal pay is the U.S. Bureau of Labor Statistics (BLS) median wage for pharmacists in each state. Real pay divides that by the state's cost of living (BEA Regional Price Parity, U.S. average = 100), so it reflects what the salary is actually worth locally. A state with high nominal pay but high costs can rank lower on real pay than a cheaper state — that's the COL shift column.

Methodology: nominal medians from U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) (May 2025 release); cost of living from the U.S. Bureau of Economic Analysis Regional Price Parities (all items, 2024). Real pay = nominal ÷ (RPP ÷ 100). Cite as “WageAtlas Real Pay Index.”

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