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

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

Massachusetts is 9.4% pricier than the US average

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

Nominal Salary
$57,120
Median annual (2024)
-8.6%
Real Purchasing Power
$52,212
COL-adjusted (RPP=109.4)

Massachusetts Cost of Living Index

Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A Bookkeeping, Accounting, and Auditing Clerks earning $57,120 in Massachusetts has the equivalent purchasing power of $52,212 in an average-cost US state.

MA: 109.4
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 Massachusetts's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $39,830 $36,407 $-3,422
25th Percentile (P25) $47,400 $43,327 $-4,072
Median (P50) $57,120 $52,212 $-4,907
75th Percentile (P75) $65,260 $59,652 $-5,607
90th Percentile (P90) $77,490 $70,831 $-6,658
Key Insight

While $57,120 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $52,212. Consider whether the higher pay offsets the higher costs.

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

Massachusetts ranks #9 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 Massachusetts after cost of living?

A Bookkeeping, Accounting, and Auditing Clerks in Massachusetts earns a median salary of $57,120 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $52,212 — a -8.6% difference.

Is Massachusetts expensive to live in?

Massachusetts's cost of living is 9.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Massachusetts is 109.4 (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 Massachusetts: $57,120 x (100 / 109.4) = $52,212. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Massachusetts offset the salary?

Partially — a Bookkeeping, Accounting, and Auditing Clerks's nominal salary of $57,120 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $52,212. However, Massachusetts may offer better career opportunities, networking, and industry access.

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