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Credit Counselors Salary in Iowa: Cost of Living Adjusted (2024)

What does a Credit Counselors salary really buy you in Iowa?

Iowa is 11.6% cheaper than the US average

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

Nominal Salary
$46,590
Median annual (2024)
+13.1%
Real Purchasing Power
$52,703
COL-adjusted (RPP=88.4)

Iowa Cost of Living Index

Iowa's Regional Price Parity (RPP) is 88.4, meaning prices are 11.6% lower the national average. A Credit Counselors earning $46,590 in Iowa has the equivalent purchasing power of $52,703 in an average-cost US state.

IA: 88.4
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 Iowa's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $37,860 $42,828 +$4,968
25th Percentile (P25) $41,830 $47,319 +$5,489
Median (P50) $46,590 $52,703 +$6,113
75th Percentile (P75) $49,520 $56,018 +$6,498
90th Percentile (P90) $54,240 $61,357 +$7,117
Key Insight

A Credit Counselors in Iowa earns $46,590 on paper, but low living costs mean your money goes 13% further — like earning $52,703 in an average-cost state. This makes Iowa one of the best value states for this occupation.

Best States for Credit Counselors (After Cost of Living)

Where does Credit Counselors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Idaho
$60,479
RPP 91.8
$60,020
RPP 97.7
3. Georgia
$59,812
RPP 95.8
$58,506
RPP 112.5
$58,207
RPP 108.8
$57,704
RPP 107.6
7. Ohio
$57,344
RPP 91.5
$56,854
RPP 88.7
$56,727
RPP 109.4
10. Nebraska
$56,670
RPP 89.8

Iowa ranks #25 out of 45 states for Credit Counselors after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Credit Counselors in Iowa after cost of living?

A Credit Counselors in Iowa earns a median salary of $46,590 per year. After adjusting for Iowa's cost of living (RPP=88.4), the real purchasing power is $52,703 — a +13.1% difference.

Is Iowa expensive to live in?

Iowa's cost of living is 11.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Iowa is 88.4 (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 Credit Counselors in Iowa: $46,590 x (100 / 88.4) = $52,703. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Credit Counselors in Iowa financially?

From a purchasing power perspective, yes. A Credit Counselors in Iowa enjoys 13.1% 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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