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

Project Manager Salary, Adjusted for Cost of Living

Project managers earn the most in Washington ($124,160/yr) — but once you adjust for what a dollar actually buys there, Washington drops to #3, and Delaware pays the most real money ($122,425 in U.S.-average buying power).

paid Highest nominal pay
WA · $124,160
savings Highest real pay
DE · $122,425
trending_up Biggest climb (COL-adjusted)
IA ▲ 22 spots
Rank states by
# State Nominal / yr Cost of living Real pay / yr COL shift
Delaware $122,190 100 $122,425 ▲ 2
Virginia $120,840 101 $119,520 ▲ 4
Washington $124,160 107 $116,023 ▼ 2
New Mexico $106,970 92 $116,004 ▲ 5
Alabama $100,820 89 $113,507 ▲ 14
New Jersey $122,980 109 $113,028 ▼ 4
New York $121,040 108 $112,156 ▼ 3
Kansas $100,010 90 $111,038 ▲ 14
Iowa $96,540 88 $110,002 ▲ 22
California $120,910 111 $109,203 ▼ 5
North Dakota $96,160 89 $108,095 ▲ 21
Massachusetts $114,190 106 $107,974 ▼ 5
North Carolina $100,820 94 $106,885 ▲ 7
Colorado $110,050 103 $106,791 ▼ 6
Georgia $102,140 96 $106,072 ▲ 1
Michigan $100,970 96 $104,940 ▲ 2
Maine $101,830 97 $104,925
Missouri $94,660 91 $104,232 ▲ 19
Wisconsin $97,580 94 $103,704 ▲ 10
Illinois $103,470 100 $103,513 ▼ 5
Ohio $95,770 93 $103,229 ▲ 12
Pennsylvania $100,150 98 $102,642 ▼ 1
West Virginia $91,780 90 $102,551 ▲ 16
Rhode Island $104,680 102 $102,346 ▼ 11
Oregon $105,480 103 $102,050 ▼ 15
Indiana $95,020 93 $101,812 ▲ 10
Connecticut $105,240 104 $101,573 ▼ 16
Wyoming $94,080 93 $101,499 ▲ 10
Texas $98,440 97 $101,425 ▼ 3
South Carolina $95,040 94 $101,377 ▲ 5
Idaho $95,630 96 $100,142 ▲ 3
Nevada $99,940 100 $99,961 ▼ 9
Minnesota $97,860 99 $99,228 ▼ 5
Maryland $104,040 105 $99,124 ▼ 20
Arizona $99,050 101 $98,384 ▼ 10
Oklahoma $86,240 88 $98,175 ▲ 6
Utah $96,720 99 $97,831 ▼ 7
Alaska $99,580 102 $97,285 ▼ 14
Louisiana $84,850 88 $96,194 ▲ 5
District of Columbia $104,900 110 $95,450 ▼ 28
Florida $98,070 103 $94,832 ▼ 14
Tennessee $85,890 92 $93,491 ▲ 1
Montana $87,890 95 $92,863 ▼ 2
South Dakota $82,250 89 $92,848 ▲ 1
Mississippi $78,870 87 $90,704 ▲ 4
Kentucky $81,700 90 $90,618
Nebraska $80,150 90 $88,954 ▲ 1
Arkansas $77,170 87 $88,765 ▲ 3
New Hampshire $90,890 104 $87,256 ▼ 9
Vermont $80,800 98 $82,484 ▼ 3
Hawaii $78,000 110 $70,941 ▼ 1

How to read this

Nominal pay is the U.S. Bureau of Labor Statistics (BLS) median wage for project managers 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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