Pharmacist Salary: Richmond, VA vs Boston, MA
Side-by-side comparison of wages and local price levels for Pharmacists in Richmond, VA and Boston, MA, based on BLS OEWS May 2025 wage data and BEA regional price parities for 2024.
1Which City Pays More?
Detailed Comparison
| Metric | Richmond, VA | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $144,940▲ | $139,660 | +$5,280 |
| 25th Percentile | $129,440 | $134,840▲ | -$5,400 |
| 75th Percentile | $157,000 | $158,770▲ | -$1,770 |
| 90th Percentile | $165,690 | $168,390▲ | -$2,700 |
| Price Level (BEA 2024, US = 100) | 97.9 | 108.3 | -10.4 |
| Median at National-Average Prices | $148,113▲ | $128,997 | +$19,116 |
| Total Employment | 1,350 | 5,280 | -3,930 |
3Summary Analysis
On paper, Richmond, VA pays $5,280 more (median: $144,940 vs $139,660). BEA's regional price parity is 97.9 in Richmond, VA and 108.3 in Boston, MA (United States = 100). At national-average prices the medians are $148,113 and $128,997, so Richmond, VA comes out ahead once local prices are counted.
5Reading This Comparison
The $5,280 gap between the two medians is a gap in dollars, not in what those dollars buy. Dividing each median by its area's regional price parity restates it at national-average prices: $148,113 for Richmond and $128,997 for Boston, a difference of $19,116.
The price levels come from the U.S. Bureau of Economic Analysis, which describes them this way: “Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level.” The figures used here are the all-items index for each whole metropolitan area (Richmond, VA; Boston-Cambridge-Newton, MA-NH) and cover prices only, not taxes.
BLS estimates 1,350 Pharmacist jobs in the Richmond area and 5,280 in the Boston area. For broader context, see our Virginia overview and the full Pharmacist city ranking.
Frequently Asked Questions
Is Pharmacist salary higher in Richmond, VA or Boston, MA?
Richmond, VA has the higher median wage for Pharmacists ($144,940 per year, against $139,660 in Boston, MA; BLS OEWS May 2025). Restated at national-average prices using BEA regional price parities, the medians are $148,113 in Richmond, VA and $128,997 in Boston, MA.
How do prices compare between Richmond, VA and Boston, MA?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 97.9 for the Richmond, VA metropolitan area and 108.3 for the Boston-Cambridge-Newton, MA-NH metropolitan area, where the United States is 100. That is 2.1% below the national level for Richmond, VA and 8.3% above the national level for Boston, MA.
Which city pays Pharmacists more once local prices are counted?
Richmond, VA: at national-average prices its median Pharmacist wage is $148,113, against $128,997 for Boston, MA. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.