Medical Billing and Coding Specialist Salary in Cheshire, CT: $34,319 (2026)
Quick Answer:A full-time medical billing and coding specialist in Cheshire, CT earns a median $34,319/year (≈ $16.50/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Cheshire's price level (8% above national, BEA RPP 107.9), that paycheck buys what $31,806 would nationally. Nominal pay sits 4.5% below the Connecticut state average.
Based on BLS state-level estimates · View source
The projected median annual salary for a medical billing and coding specialist in Cheshire, Connecticut, reaches $34,319 in 2026, offering a notable advantage over the national median of $30,349. The salary range in this area extends from $26,252 at the 10th percentile to $52,668 at the 90th percentile, showcasing the potential for substantial income based on experience and specialization. These figures are derived from 2025 BLS data, adjusted for regional cost considerations, placing Cheshire above the national average in terms of compensation viability. With the rise of remote work, practitioners in this field have the opportunity to tap into a wider market, thereby enhancing their earning potential in various coding roles across the region.
About the Cheshire Market
Salary estimated from Connecticut average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,252 | $12.63 |
| Lower Range (P25) | $29,856 | $14.36 |
| Median (P50)(typical) | $34,319 | $16.50 |
| Upper Range (P75) | $42,897 | $20.63 |
| Top Earners (P90) | $52,668 | $25.32 |
Median Salary Position
13.08% above the national average
2026 Salary Percentile Distribution in Cheshire
In Cheshire, CT, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $26,416 (2026 est.). At $34,319, the local median is 13.08% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Cheshire: You'd be in the lower-middle range
How Cheshire Medical Billing and Coding Specialist Pay Compares
Cheshire median: $34,319/year (2026)
| Compared To | Median Salary | Cheshire Pays |
|---|---|---|
| Connecticut Average | $35,936 | -4.50% less |
| National Average | $30,349 | +13.08% more |
Medical Billing and Coding Specialists in Cheshire, CT earn a median of $34,319 per year (2026 est.), which is 13.08% higher than the national median of $30,349 and 4.50% below the Connecticut state average of $35,936.
Cost-of-Living Adjusted Salary
Cheshire has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Cheshire, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $34,319 is competitive, the higher cost of living reduces purchasing power to an effective $31,806 — a 7.32% reduction.
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2021 BLS Actual
$30,603
2025 BLS Actual
$33,541
2026 Current Est.
$34,319
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Cheshire (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $30,603 | Actual |
| 2022 | $30,944 | Actual |
| 2023 | $31,993 | Actual |
| 2024 | $59,750 | Actual |
| 2025 | $33,541 | Actual |
| 2026(current) | $34,319 | Estimated |
| 2027 | $35,115 | Projected |
Based on 5 years of BLS OEWS data for the Cheshire metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $30,603 (2021) to $33,541 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,115 by 2027 — a total increase of $4,512 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Cheshire 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $26,252 – $29,856 |
| 3-5 years (Mid Career) | $29,856 – $34,319 |
| 5+ years (Experienced) | $34,319 – $42,897 |
| 10+ years (Top Earner) | $42,897 – $52,668 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Cheshire
In Cheshire, the local job market consists of only four employed medical billing and coding specialists, indicating a specialized niche that could mean limited competition but also a potential lack of positions available. The cost of living index stands at 107.9, which suggests that while salaries may rise, purchasing power could be constrained when compared to national trends. Employers in the area, including physician group practices and third-party coding companies, typically offer higher compensation, especially for those with advanced credentials like CPC, CCS, or those experienced in risk adjustment coding. The variance in salary often reflects factors such as the type of specialty, credential stacking, and the structure of the work environment—remote versus in-office play a significant role in the overall package. To maximize pay, specialists should consider obtaining multiple certifications and staying current with coding updates in ICD-10-CM and CPT, which would enhance their desirability and open up more lucrative opportunities in this evolving market.
More salary data for Cheshire, CT:
Frequently Asked Questions
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $33,541 for medical billing and coding specialistsin the Cheshire metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Cheshire 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