What does a Loan Interviewers and Clerks salary really buy you in Rhode Island?
Rhode Island is 4.7% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Loan Interviewers and Clerks earning $52,670 in Rhode Island has the equivalent purchasing power of $50,305 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Rhode Island's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $35,550 | $33,954 | $-1,595 |
| 25th Percentile (P25) | $42,460 | $40,553 | $-1,906 |
| Median (P50) | $52,670 | $50,305 | $-2,364 |
| 75th Percentile (P75) | $56,610 | $54,068 | $-2,541 |
| 90th Percentile (P90) | $65,300 | $62,368 | $-2,931 |
While $52,670 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $50,305. Consider whether the higher pay offsets the higher costs.
Where does Loan Interviewers and Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Rhode Island ranks #32 out of 50 states for Loan Interviewers and Clerks after cost-of-living adjustment.
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A Loan Interviewers and Clerks in Rhode Island earns a median salary of $52,670 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $50,305 — a -4.5% difference.
Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Loan Interviewers and Clerks in Rhode Island: $52,670 x (100 / 104.7) = $50,305. This represents what the salary would be worth in a state with average living costs.
Partially — a Loan Interviewers and Clerks's nominal salary of $52,670 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $50,305. However, Rhode Island may offer better career opportunities, networking, and industry access.