Loan Interviewers and Clerks Salary in Massachusetts: Cost of Living Adjusted (2024)

What does a Loan Interviewers and 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 2026-04-06

Nominal Salary
$51,270
Median annual (2024)
-8.6%
Real Purchasing Power
$46,864
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 Loan Interviewers and Clerks earning $51,270 in Massachusetts has the equivalent purchasing power of $46,864 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) $37,210 $34,012 $-3,197
25th Percentile (P25) $46,670 $42,659 $-4,010
Median (P50) $51,270 $46,864 $-4,405
75th Percentile (P75) $60,360 $55,173 $-5,186
90th Percentile (P90) $65,470 $59,844 $-5,625
Key Insight

While $51,270 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $46,864. Consider whether the higher pay offsets the higher costs.

Best States for Loan Interviewers and Clerks (After Cost of Living)

Where does Loan Interviewers and Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$58,739
RPP 116.6
$56,214
RPP 98.0
$53,979
RPP 88.7
$53,556
RPP 94.2
5. Iowa
$53,382
RPP 88.4
6. Montana
$52,890
RPP 90.3
$51,476
RPP 89.4
8. Ohio
$51,213
RPP 91.5
$50,921
RPP 106.4
10. Missouri
$50,515
RPP 91.1

Massachusetts ranks #38 out of 51 states for Loan Interviewers and Clerks after cost-of-living adjustment.

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How much do you actually take home? See Loan Interviewers and Clerks take-home pay in Massachusetts after taxes →

Frequently Asked Questions

What is the real salary for a Loan Interviewers and Clerks in Massachusetts after cost of living?

A Loan Interviewers and Clerks in Massachusetts earns a median salary of $51,270 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $46,864 — 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 Loan Interviewers and Clerks in Massachusetts: $51,270 x (100 / 109.4) = $46,864. 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 Loan Interviewers and Clerks's nominal salary of $51,270 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $46,864. However, Massachusetts may offer better career opportunities, networking, and industry access.

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