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Bill and Account Collectors Salary in Tennessee: Cost of Living Adjusted (2024)

What does a Bill and Account Collectors salary really buy you in Tennessee?

Tennessee is 8.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$43,290
Median annual (2024)
+8.9%
Real Purchasing Power
$47,156
COL-adjusted (RPP=91.8)

Tennessee Cost of Living Index

Tennessee's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Bill and Account Collectors earning $43,290 in Tennessee has the equivalent purchasing power of $47,156 in an average-cost US state.

TN: 91.8
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Tennessee's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $31,280 $34,074 +$2,794
25th Percentile (P25) $35,490 $38,660 +$3,170
Median (P50) $43,290 $47,156 +$3,866
75th Percentile (P75) $50,280 $54,771 +$4,491
90th Percentile (P90) $63,510 $69,183 +$5,673
Key Insight

A Bill and Account Collectors in Tennessee earns $43,290 on paper, but low living costs mean your money goes 9% further — like earning $47,156 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

Best States for Bill and Account Collectors (After Cost of Living)

Where does Bill and Account Collectors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alaska
$56,931
RPP 102.0
$52,708
RPP 92.3
$50,939
RPP 106.4
$50,846
RPP 91.0
5. Montana
$50,753
RPP 90.3
$50,728
RPP 112.5
7. Vermont
$50,514
RPP 101.1
$50,219
RPP 104.7
$50,212
RPP 89.4
10. Missouri
$49,989
RPP 91.1

Tennessee ranks #27 out of 50 states for Bill and Account Collectors after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Bill and Account Collectors in Tennessee after cost of living?

A Bill and Account Collectors in Tennessee earns a median salary of $43,290 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $47,156 — a +8.9% difference.

Is Tennessee expensive to live in?

Tennessee's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Tennessee is 91.8 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Bill and Account Collectors in Tennessee: $43,290 x (100 / 91.8) = $47,156. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Bill and Account Collectors in Tennessee financially?

From a purchasing power perspective, yes. A Bill and Account Collectors in Tennessee enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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