Insurance Agent Salary

Boston vs New Bedford: Insurance Agent Salary (2026)

Compare insurance agent salaries between Boston, MA and New Bedford, MA. All figures are 2026 estimates projected from BLS 2025 data.

Boston, MA
$83,004
$39.91/hr
New Bedford, MA
$79,767
$38.35/hr

Side-by-Side Comparison

MetricBoston, MANew Bedford, MA
Median Salary$83,004$79,767
Hourly Rate$39.91$38.35
Entry Level (P10)$60,730$49,972
25th Percentile$76,426$61,193
75th Percentile$113,722$102,102
Top Earner (P90)$169,262$123,638
Total Employed7,42024
Side-by-side bar chart comparing Boston ($83,004) and New Bedford ($79,767) insurance agent salaries.BostonNew BedfordMedian Salary$83,004$79,767Entry Level (P10)$60,730$49,972Top Earner (P90)$169,262$123,638US Median $64,522

Verdict

Boston, MA offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to New Bedford.

The salary gap between Boston and New Bedford is $3,237 (4.06%). Boston's median is +28.64% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Boston spans $108,532,New Bedford spans $73,666. Boston has a wider pay range, meaning more potential for high earners but also more variation.

Boston
P10 (Entry)$60,730
P25$76,426
Median$83,004
P75$113,722
P90 (Top)$169,262
New Bedford
P10 (Entry)$49,972
P25$61,193
Median$79,767
P75$102,102
P90 (Top)$123,638

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Boston ($76,667 effective) pays 4.28% more than New Bedford ($73,518 effective).

Boston
Nominal: $83,004
CoL Index: 108.266
Adjusted: $76,667
New Bedford
Nominal: $79,767
CoL Index: 108.5
Adjusted: $73,518

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Boston if…

  • Higher median salary ($83,004/year)
  • Better top-earner potential ($169,262)
  • Larger job market (7,420 employed)
  • Better purchasing power (CoL-adjusted: $76,667)
  • You prefer the Massachusetts area and lifestyle

Choose New Bedford if…

  • You prefer the Massachusetts area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Boston grew 7.2% from 2019 to 2025, compared to -20.6% growth in New Bedford over the same period.

Boston, MA

+7.2%

$74,770 (2019) → $80,120 (2025)

New Bedford, MA

+-20.6%

$97,020 (2019) → $76,995 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Boston or New Bedford?

Boston has a higher median insurance agent salary at $83,004/year, compared to New Bedford at $79,767/year — a difference of $3,237 (4.06%).

What is the hourly rate difference between Boston and New Bedford?

Boston insurance agents earn $39.91/hr while New Bedford hygienists earn $38.35/hr (2026 est.).

Should I relocate from Boston to New Bedford as a insurance agent?

Consider more than just salary when comparing Boston and New Bedford. Factor in cost of living (CoL-adjusted: Boston = $76,667, New Bedford = $73,518), job availability (7,420 vs 24 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Boston vs New Bedford?

Entry-level (10th percentile) insurance agents earn $60,730 in Boston and $49,972 in New Bedford. The Boston area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, MBA

Career Analyst

Jordan has over 10 years of experience in the insurance industry. He specializes in property and casualty insurance. He has worked in both agency and corporate settings.

Clinically reviewed by Maria Gonzalez, CICData verified by Raj Patel, LUTCF

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.60% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov