What does a Bookkeeping, Accounting, and Auditing Clerks salary really buy you in New Jersey?
New Jersey is 8.8% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
New Jersey's Regional Price Parity (RPP) is 108.8, meaning prices are 8.8% higher the national average. A Bookkeeping, Accounting, and Auditing Clerks earning $56,730 in New Jersey has the equivalent purchasing power of $52,141 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for New Jersey's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $39,260 | $36,084 | $-3,175 |
| 25th Percentile (P25) | $47,140 | $43,327 | $-3,812 |
| Median (P50) | $56,730 | $52,141 | $-4,588 |
| 75th Percentile (P75) | $65,860 | $60,533 | $-5,326 |
| 90th Percentile (P90) | $76,610 | $70,413 | $-6,196 |
While $56,730 sounds high, New Jersey's elevated cost of living erases 8% of that salary's purchasing power. Your real buying power is $52,141. Consider whether the higher pay offsets the higher costs.
Where does Bookkeeping, Accounting, and Auditing Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
New Jersey ranks #10 out of 50 states for Bookkeeping, Accounting, and Auditing Clerks after cost-of-living adjustment.
Some links are affiliate links. See our disclosure.
A Bookkeeping, Accounting, and Auditing Clerks in New Jersey earns a median salary of $56,730 per year. After adjusting for New Jersey's cost of living (RPP=108.8), the real purchasing power is $52,141 — a -8.1% difference.
New Jersey's cost of living is 8.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New Jersey is 108.8 (US average = 100).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Bookkeeping, Accounting, and Auditing Clerks in New Jersey: $56,730 x (100 / 108.8) = $52,141. This represents what the salary would be worth in a state with average living costs.
Partially — a Bookkeeping, Accounting, and Auditing Clerks's nominal salary of $56,730 in New Jersey has 8.1% less purchasing power due to higher living costs. The real value is $52,141. However, New Jersey may offer better career opportunities, networking, and industry access.