Medical Billing and Coding Specialist Hourly Pay in New London, CT: $15.90 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in New London, CT runs $15.90 at the median for 2026 — annualizing to $33,080 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against New London's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $14.74 nationally would. A 24-hour part-time schedule grosses $19,844 per year.
Based on BLS state-level estimates · View source
In New London, Connecticut, the hourly pay for a medical billing and coding specialist is projected to be $15.90 in 2026, standing above the national median of $14.59. This competitive rate positions local specialists favorably in comparison to their peers nationwide. For those in part-time roles, such as working three days a week, this hourly wage can provide a substantial income, allowing for flexible work-life balance. The hourly pay for entry-level coders typically starts around $12.33, while experienced professionals may earn as much as $24.65 per hour. The prevalence of remote positions has made this field attractive, particularly in home offices or various healthcare settings, including hospitals and physician group practices. This flexibility in work environment enhances the appeal of medical billing and coding specialist roles in New London.
About the New London Market
Salary estimated from Connecticut average ($58,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.33 | $98.64 |
| Lower Range (P25) | $14.01 | $112.06 |
| Median (P50) | $15.90 | $127.20 |
| Upper Range (P75) | $20.04 | $160.36 |
| Top Earners (P90) | $24.65 | $197.19 |
Estimated Annual Income by Work Schedule in New London
Based on $15.90/hr median hourly rate · 2026 est.
At $15.90/hr, a medical billing and coding specialist working full-time (40 hr/wk) in New London, CT can expect to earn approximately $33,073 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $19,081. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in New London.
Hourly Rate Calculator
Schedule Comparison in New London
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $636.02 | $2,756 | $33,073 |
| Part-Time (24 hrs) | $381.61 | $1,654 | $19,844 |
| Per Diem (16 hrs) | $254.41 | $1,102 | $13,229 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (New London) | $15.90 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in New London, CT earn a median of $33,080 per year (2026 est.), which is 9.00% higher than the national median of $30,349 and 8.00% below the Connecticut state average of $35,957.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $15.90/hr = $19,844/year (purchasing power: $18,391).
Working 40h/week (full-time) = $33,073/year (purchasing power: $30,652).
CoL index: 107.9 (100 = national average).
2021 BLS Actual
$14.18/hr
2025 BLS Actual
$15.54/hr
2026 Current Est.
$15.90/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in New London (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $14.18/hr | Actual |
| 2022 | $14.34/hr | Actual |
| 2023 | $14.82/hr | Actual |
| 2024 | $28.98/hr | Actual |
| 2025 | $15.54/hr | Actual |
| 2026(current) | $15.90/hr | Estimated |
| 2027 | $16.27/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in New London grew 9.6% from $14.18/hr (2021) to $15.54/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $16.27/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the New London metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Medical Billing and Coding Specialist in New London
Examining the potential income further, a part-time medical billing and coding specialist working 24 hours a week can take home around $19,728 annually, which is significantly lower than a full-time worker earning a consistent salary. For those who prefer to freelance or work per diem, the pay rates can become substantially more lucrative; many per diem medical billing and coding specialists in New London command between $25 and $42 per hour, especially in specialized roles such as CCS inpatient coding and CRC risk adjustment coding. Various employer types, from physician practices to insurance companies, influence hourly rates, with third-party coding companies often offering flexible remote opportunities that appeal to many professionals. Yet, specialists must weigh the benefits of higher hourly rates against the stability and perks, like health insurance, that full-time jobs typically provide. For effective negotiations, understanding local pay norms and being prepared to discuss skill sets tailored to the specific needs of New London employers can help maximize hourly pay and job satisfaction.
More salary data for New London, CT:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in New London in 2026?
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in New London. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for New London is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov