Physicians practicing in Mississippi earn the highest annual salary, based on cost of living, according to a new report from personal finance website WalletHub, published March 18.
On average, family medicine physicians have a median salary of $225,000 annually, according to the report.
WalletHub collected salary data from a number of sources, including the U.S. Census Bureau, the Bureau of Labor Statistics, the Council for Community and Economic Research, the Health Resources & Services Administration, the Association of American Medical Colleges, and more. Read more about the methodology here.
The five highest-paid states for physicians, based on cost of living:
1. Mississippi
2. Wisconsin
3. Georgia
4. Kentucky
5. Indiana
The five lowest-paid states for physicians, based on cost of living:
1. Washington, D.C.
2. Massachusetts
3. Hawaii
4. Rhode Island
5. New Jersey
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.