$93,128 / year
Salary Range: $82,041 - $105,172
Colorado Springs, CO
$100,786 / year
Salary Range: $88,795 - $113,830
Chicago, IL
$103,128 / year
Salary Range: $90,847 - $116,464
Lowell, MA
$105,142 / year
Salary Range: $92,625 - $118,732
Woburn, MA
$104,246 / year
Salary Range: $91,837 - $117,732
Waltham, MA
$104,615 / year
Salary Range: $92,158 - $118,147
Cambridge, MA
$102,727 / year
Salary Range: $90,490 - $116,001
, MA
$101,081 / year
Salary Range: $89,051 - $114,159
Billerica, MA
$106,756 / year
Salary Range: $94,045 - $120,561
Cambridge, MA
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| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,800 - $4,200+ | A significant portion of Laboratory Research & Innovation Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $90 (MBTA LinkPass monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $520 - $800 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $600 - $1,100+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $460 - $880+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,650 - $7,270+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Laboratory Research & Innovation Group pays its employees an average of $105,490 per year. The average salary at Laboratory Research & Innovation Group range from $92,927 to $119,122 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The salary at Laboratory Research & Innovation Group is higher than the similar company. The average annual salary at Laboratory Research & Innovation Group is $105,490, or an hourly wage of $51, in comparison to Audubon Orthotic & Prosthetic Services which pays $93,128 per year or $45 per hour.
A President at Laboratory Research & Innovation Group typically earns an average annual base salary of around $816,589, with a general range of $625,866 to $1,027,748.
In many roles at Laboratory Research & Innovation Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). This significantly impacts the purchasing power of a salary from Laboratory Research & Innovation Group based there. Our "Cost of Living Insights for Cambridge" module details this impact, helping you assess the 'real feel' value of your compensation.
Laboratory Research & Innovation Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Laboratory Research & Innovation Group" section on this page.
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