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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 2026-03-31

Nominal Salary
$131,710
Median annual (2024)
+0.1%
Real Purchasing Power
$131,841
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 $131,710 in Arizona has the equivalent purchasing power of $131,841 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 $131,710 keeps most of its value at $131,841 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.

$143,903
RPP 107.6
$132,591
RPP 93.4
3. Alabama
$132,334
RPP 87.8
4. Arizona
$131,841
RPP 99.9
$128,411
RPP 106.4
$124,981
RPP 107.6
$124,799
RPP 102.1
$124,750
RPP 96.2
9. Texas
$124,728
RPP 97.5
10. Illinois
$123,622
RPP 101.3

Arizona ranks #4 out of 39 states for Economics Teachers, Postsecondary after cost-of-living adjustment.

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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 $131,710 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $131,841 — 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: $131,710 x (100 / 99.9) = $131,841. This represents what the salary would be worth in a state with average living costs.

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