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Financial Clerks, All Other Salary in Washington: Cost of Living Adjusted (2024)

What does a Financial Clerks, All Other salary really buy you in Washington?

Washington is 9.8% pricier than the US average

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

Nominal Salary
$56,340
Median annual (2024)
-8.9%
Real Purchasing Power
$51,311
COL-adjusted (RPP=109.8)

Washington Cost of Living Index

Washington's Regional Price Parity (RPP) is 109.8, meaning prices are 9.8% higher the national average. A Financial Clerks, All Other earning $56,340 in Washington has the equivalent purchasing power of $51,311 in an average-cost US state.

WA: 109.8
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 Washington's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $39,630 $36,092 $-3,537
25th Percentile (P25) $47,400 $43,169 $-4,230
Median (P50) $56,340 $51,311 $-5,028
75th Percentile (P75) $63,650 $57,969 $-5,680
90th Percentile (P90) $71,850 $65,437 $-6,412
Key Insight

While $56,340 sounds high, Washington's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $51,311. Consider whether the higher pay offsets the higher costs.

Best States for Financial Clerks, All Other (After Cost of Living)

Where does Financial Clerks, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$65,348
RPP 91.8
2. Alabama
$62,164
RPP 87.8
$61,637
RPP 97.7
4. Arizona
$61,171
RPP 99.9
$59,316
RPP 98.0
6. Idaho
$58,921
RPP 91.8
$58,015
RPP 88.7
$57,558
RPP 94.2
$56,542
RPP 107.6
10. Maryland
$56,342
RPP 105.0

Washington ranks #31 out of 47 states for Financial Clerks, All Other after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Clerks, All Other in Washington after cost of living?

A Financial Clerks, All Other in Washington earns a median salary of $56,340 per year. After adjusting for Washington's cost of living (RPP=109.8), the real purchasing power is $51,311 — a -8.9% difference.

Is Washington expensive to live in?

Washington's cost of living is 9.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Washington is 109.8 (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 Financial Clerks, All Other in Washington: $56,340 x (100 / 109.8) = $51,311. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Washington offset the salary?

Partially — a Financial Clerks, All Other's nominal salary of $56,340 in Washington has 8.9% less purchasing power due to higher living costs. The real value is $51,311. However, Washington may offer better career opportunities, networking, and industry access.

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