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

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

Virginia is 2.1% pricier than the US average

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

Nominal Salary
$50,910
Median annual (2024)
-2.1%
Real Purchasing Power
$49,862
COL-adjusted (RPP=102.1)

Virginia Cost of Living Index

Virginia's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Loan Interviewers and Clerks earning $50,910 in Virginia has the equivalent purchasing power of $49,862 in an average-cost US state.

VA: 102.1
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 Virginia's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $35,970 $35,230 $-739
25th Percentile (P25) $43,510 $42,615 $-894
Median (P50) $50,910 $49,862 $-1,047
75th Percentile (P75) $61,920 $60,646 $-1,273
90th Percentile (P90) $72,680 $71,185 $-1,494
Key Insight

Virginia's cost of living is close to the national average, so $50,910 keeps most of its value at $49,862 in real terms. Location choice here is more about career opportunities than cost arbitrage.

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

Virginia ranks #34 out of 50 states for Loan Interviewers and Clerks after cost-of-living adjustment.

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Frequently Asked Questions

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

A Loan Interviewers and Clerks in Virginia earns a median salary of $50,910 per year. After adjusting for Virginia's cost of living (RPP=102.1), the real purchasing power is $49,862 — a -2.1% difference.

Is Virginia expensive to live in?

Virginia's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Virginia is 102.1 (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 Virginia: $50,910 x (100 / 102.1) = $49,862. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Loan Interviewers and Clerks's nominal salary of $50,910 in Virginia has 2.1% less purchasing power due to higher living costs. The real value is $49,862. However, Virginia may offer better career opportunities, networking, and industry access.

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