Economics Teachers, Postsecondary Salary in Arizona: Cost of Living Adjusted (2024)

What does a Economics Teachers, Postsecondary salary really buy you in Arizona?

Arizona is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-06

Nominal Salary
$131,920
Median annual (2024)
+0.1%
Real Purchasing Power
$132,052
COL-adjusted (RPP=99.9)

Arizona Cost of Living Index

Arizona's Regional Price Parity (RPP) is 99.9, meaning prices are 0.1% lower the national average. A Economics Teachers, Postsecondary earning $131,920 in Arizona has the equivalent purchasing power of $132,052 in an average-cost US state.

AZ: 99.9
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

Arizona's cost of living is close to the national average, so $131,920 keeps most of its value at $132,052 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Economics Teachers, Postsecondary (After Cost of Living)

Where does Economics Teachers, Postsecondary salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alabama
$140,968
RPP 87.8
2. Arizona
$132,052
RPP 99.9
$131,569
RPP 96.2
$129,062
RPP 101.3
$129,014
RPP 107.6
$128,704
RPP 93.4
$128,122
RPP 91.1
$126,541
RPP 106.4
$125,176
RPP 107.6
10. Maryland
$124,400
RPP 105.0

Arizona ranks #2 out of 43 states for Economics Teachers, Postsecondary after cost-of-living adjustment.

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How much do you actually take home? See Economics Teachers, Postsecondary take-home pay in Arizona after taxes →

Frequently Asked Questions

What is the real salary for a Economics Teachers, Postsecondary in Arizona after cost of living?

A Economics Teachers, Postsecondary in Arizona earns a median salary of $131,920 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $132,052 — a +0.1% difference.

Is Arizona expensive to live in?

Arizona's cost of living is 0.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arizona is 99.9 (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 Economics Teachers, Postsecondary in Arizona: $131,920 x (100 / 99.9) = $132,052. This represents what the salary would be worth in a state with average living costs.

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