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Bookkeeping, Accounting, and Auditing Clerks Salary in Indiana: Cost of Living Adjusted (2024)

What does a Bookkeeping, Accounting, and Auditing Clerks salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

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

Nominal Salary
$46,880
Median annual (2024)
+8.9%
Real Purchasing Power
$51,067
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Bookkeeping, Accounting, and Auditing Clerks earning $46,880 in Indiana has the equivalent purchasing power of $51,067 in an average-cost US state.

IN: 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 Indiana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $32,600 $35,511 +$2,911
25th Percentile (P25) $38,600 $42,047 +$3,447
Median (P50) $46,880 $51,067 +$4,187
75th Percentile (P75) $55,120 $60,043 +$4,923
90th Percentile (P90) $63,870 $69,575 +$5,705
Key Insight

A Bookkeeping, Accounting, and Auditing Clerks in Indiana earns $46,880 on paper, but low living costs mean your money goes 9% further — like earning $51,067 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Bookkeeping, Accounting, and Auditing Clerks (After Cost of Living)

Where does Bookkeeping, Accounting, and Auditing Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$54,408
RPP 88.7
$53,843
RPP 106.4
$53,582
RPP 97.7
4. Alaska
$53,441
RPP 102.0
5. Iowa
$53,337
RPP 88.4
$52,936
RPP 92.3
$52,864
RPP 102.3
$52,642
RPP 98.0
$52,212
RPP 109.4
$52,141
RPP 108.8

Indiana ranks #21 out of 50 states for Bookkeeping, Accounting, and Auditing Clerks after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Bookkeeping, Accounting, and Auditing Clerks in Indiana after cost of living?

A Bookkeeping, Accounting, and Auditing Clerks in Indiana earns a median salary of $46,880 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $51,067 — a +8.9% difference.

Is Indiana expensive to live in?

Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana 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 Bookkeeping, Accounting, and Auditing Clerks in Indiana: $46,880 x (100 / 91.8) = $51,067. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Bookkeeping, Accounting, and Auditing Clerks in Indiana financially?

From a purchasing power perspective, yes. A Bookkeeping, Accounting, and Auditing Clerks in Indiana 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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