AmericaByNumbers.com

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

What does a Loan Interviewers and Clerks salary really buy you in North Dakota?

North Dakota is 11.3% cheaper than the US average

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

Nominal Salary
$50,470
Median annual (2024)
+12.7%
Real Purchasing Power
$56,899
COL-adjusted (RPP=88.7)

North Dakota Cost of Living Index

North Dakota's Regional Price Parity (RPP) is 88.7, meaning prices are 11.3% lower the national average. A Loan Interviewers and Clerks earning $50,470 in North Dakota has the equivalent purchasing power of $56,899 in an average-cost US state.

ND: 88.7
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 North Dakota's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $44,060 $49,673 +$5,613
25th Percentile (P25) $47,050 $53,043 +$5,993
Median (P50) $50,470 $56,899 +$6,429
75th Percentile (P75) $59,560 $67,147 +$7,587
90th Percentile (P90) $64,590 $72,818 +$8,228
Key Insight

A Loan Interviewers and Clerks in North Dakota earns $50,470 on paper, but low living costs mean your money goes 13% further — like earning $56,899 in an average-cost state. This makes North Dakota one of the best value states for this occupation.

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.

$60,071
RPP 98.0
$56,899
RPP 88.7
$55,485
RPP 105.0
4. Iowa
$54,739
RPP 88.4
$54,210
RPP 106.4
6. Ohio
$53,956
RPP 91.5
$53,606
RPP 109.8
8. Nevada
$53,236
RPP 96.4
$53,184
RPP 94.2
10. Montana
$52,978
RPP 90.3

North Dakota ranks #2 out of 50 states for Loan Interviewers and Clerks after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

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

A Loan Interviewers and Clerks in North Dakota earns a median salary of $50,470 per year. After adjusting for North Dakota's cost of living (RPP=88.7), the real purchasing power is $56,899 — a +12.7% difference.

Is North Dakota expensive to live in?

North Dakota's cost of living is 11.3% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for North Dakota is 88.7 (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 North Dakota: $50,470 x (100 / 88.7) = $56,899. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Loan Interviewers and Clerks in North Dakota financially?

From a purchasing power perspective, yes. A Loan Interviewers and Clerks in North Dakota enjoys 12.7% 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.

Related Salary Pages