What does a Loan Officers salary really buy you in Iowa?
Iowa is 11.6% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Iowa's Regional Price Parity (RPP) is 88.4, meaning prices are 11.6% lower the national average. A Loan Officers earning $80,070 in Iowa has the equivalent purchasing power of $90,576 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Iowa's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $49,000 | $55,429 | +$6,429 |
| 25th Percentile (P25) | $62,330 | $70,509 | +$8,179 |
| Median (P50) | $80,070 | $90,576 | +$10,506 |
| 75th Percentile (P75) | $109,980 | $124,411 | +$14,431 |
| 90th Percentile (P90) | $135,890 | $153,721 | +$17,831 |
A Loan Officers in Iowa earns $80,070 on paper, but low living costs mean your money goes 13% further — like earning $90,576 in an average-cost state. This makes Iowa one of the best value states for this occupation.
Where does Loan Officers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Iowa ranks #4 out of 50 states for Loan Officers after cost-of-living adjustment.
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A Loan Officers in Iowa earns a median salary of $80,070 per year. After adjusting for Iowa's cost of living (RPP=88.4), the real purchasing power is $90,576 — a +13.1% difference.
Iowa's cost of living is 11.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Iowa is 88.4 (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 Officers in Iowa: $80,070 x (100 / 88.4) = $90,576. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Loan Officers in Iowa enjoys 13.1% 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.