Electrical And Electronic Engineering Technologists And Technicians Salary: Oxnard-Thousand Oaks-Ventura, CA vs Lexington Park, MD
Electrical And Electronic Engineering Technologists And Technicians earn a median of $101,100 in Oxnard-Thousand Oaks-Ventura, CA and $99,760 in Lexington Park, MD. That is a nominal gap of $1,340 (+1.3%), with Oxnard-Thousand Oaks-Ventura, CA paying more before any cost-of-living adjustment.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.
The story behind the numbers
On raw wages, Oxnard-Thousand Oaks-Ventura, CA pays $1,340 more per year than Lexington Park, MD for electrical and electronic engineering technologists and technicians, a gap of +1.3%.
After adjusting for cost of living, the picture flips. Lexington Park, MD actually offers more purchasing power, effectively paying $7,542 more in national-price-level terms (a +7.6% real gap). The higher nominal wage in the other location is eaten up by higher local prices.
Full breakdown by location
Detailed wage, employment, and cost-of-living figures for electrical and electronic engineering technologists and technicians in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.
Electrical And Electronic Engineering Technologists And Technicians
Oxnard-Thousand Oaks-Ventura, CA
- Median salary
- $101,100
- Mean salary
- $98,470
- Employment
- 630
- Location quotient
- 3.29
- Jobs per 1,000
- 2.0
- COL-adjusted median
- $91,465
- Regional Price Parity
- 110.5%
Exact metro RPP match.
Electrical And Electronic Engineering Technologists And Technicians
Lexington Park, MD
- Median salary
- $99,760
- Mean salary
- $102,740
- Employment
- 340
- Location quotient
- 7.92
- Jobs per 1,000
- 4.8
- COL-adjusted median
- $99,008
- Regional Price Parity
- 100.8%
Exact metro RPP match.
Related pages
Keep digging into electrical and electronic engineering technologists and technicians from a different angle.
- National Electrical And Electronic Engineering Technologists And Technicians salary page
- Compare a different occupation or location
Common questions about this comparison
What does the cost-of-living adjustment actually do? +
It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.
Why would the nominal and adjusted winners disagree? +
High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.
What is a location quotient? +
The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a metro specializes in.