What does a Financial Risk Specialists salary really buy you in Texas?
Texas is 2.5% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Texas's Regional Price Parity (RPP) is 97.5, meaning prices are 2.5% lower the national average. A Financial Risk Specialists earning $96,100 in Texas has the equivalent purchasing power of $98,564 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Texas's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $58,300 | $59,794 | +$1,494 |
| 25th Percentile (P25) | $73,130 | $75,005 | +$1,875 |
| Median (P50) | $96,100 | $98,564 | +$2,464 |
| 75th Percentile (P75) | $123,070 | $126,225 | +$3,155 |
| 90th Percentile (P90) | $158,790 | $162,861 | +$4,071 |
Texas's cost of living is close to the national average, so $96,100 keeps most of its value at $98,564 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does Financial Risk Specialists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Texas ranks #27 out of 48 states for Financial Risk Specialists after cost-of-living adjustment.
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A Financial Risk Specialists in Texas earns a median salary of $96,100 per year. After adjusting for Texas's cost of living (RPP=97.5), the real purchasing power is $98,564 — a +2.6% difference.
Texas's cost of living is 2.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Texas is 97.5 (US average = 100).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Risk Specialists in Texas: $96,100 x (100 / 97.5) = $98,564. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Financial Risk Specialists in Texas enjoys 2.6% 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.