Peabody vs Springfield: Electrical Engineer Salary (2026)
Compare electrical engineer salaries between Peabody, MA and Springfield, MA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Peabody, MA | Springfield, MA |
|---|---|---|
| Median Salary | $123,587▲ | $117,467 |
| Hourly Rate | $59.41▲ | $56.47 |
| Entry Level (P10) | $76,125 | $77,779▲ |
| 25th Percentile | $97,164▲ | $96,426 |
| 75th Percentile | $153,645▲ | $148,385 |
| Top Earner (P90) | $191,560▲ | $168,763 |
| Total Employed | 8 | 200▲ |
Verdict
Peabody, MA offers better overall compensation for electrical engineers, winning 3 out of 4 metrics compared to Springfield.
The salary gap between Peabody and Springfield is $6,120 (5.21%). Peabody's median is -1.16% compared to the US national median of $125,033.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Peabody spans $115,435,Springfield spans $90,984. Peabody has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Springfield ($122,284 effective) pays 7.36% more than Peabody ($113,905 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Peabody if…
- ✓Higher median salary ($123,587/year)
- ✓Better top-earner potential ($191,560)
- ✓You prefer the Massachusetts area and lifestyle
Choose Springfield if…
- ✓Larger job market (200 employed)
- ✓Better purchasing power (CoL-adjusted: $122,284)
- ✓You prefer the Massachusetts area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, electrical engineer salaries in Peabody grew -16.8% from 2024 to 2025, compared to 9.0% growth in Springfield over the same period.
Peabody, MA
$143,359 (2024) → $119,235 (2025)
Springfield, MA
$104,020 (2019) → $113,330 (2025)
View Full Salary Data
Peabody, MA
Springfield, MA
Frequently Asked Questions
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Written by Amina Patel, MEng, PE
Career Analyst
Amina has over 10 years of experience in power systems engineering. She works at a utility company specializing in renewable energy integration.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.65% 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 Amina Patel, MEng, PE, a licensed electrical engineer with 10+ years of clinical experience. · View source data at BLS.gov