AmericaByNumbers.com

Loan Officers Salary in Oregon: Cost of Living Adjusted (2024)

What does a Loan Officers salary really buy you in Oregon?

Oregon is 6.6% pricier than the US average

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

Nominal Salary
$74,720
Median annual (2024)
-6.2%
Real Purchasing Power
$70,093
COL-adjusted (RPP=106.6)

Oregon Cost of Living Index

Oregon's Regional Price Parity (RPP) is 106.6, meaning prices are 6.6% higher the national average. A Loan Officers earning $74,720 in Oregon has the equivalent purchasing power of $70,093 in an average-cost US state.

OR: 106.6
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 Oregon's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $44,920 $42,138 $-2,781
25th Percentile (P25) $60,470 $56,726 $-3,743
Median (P50) $74,720 $70,093 $-4,626
75th Percentile (P75) $106,590 $99,990 $-6,599
90th Percentile (P90) $158,350 $148,545 $-9,804
Key Insight

While $74,720 sounds high, Oregon's elevated cost of living erases 6% of that salary's purchasing power. Your real buying power is $70,093. Consider whether the higher pay offsets the higher costs.

Best States for Loan Officers (After Cost of Living)

Where does Loan Officers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$93,562
RPP 88.7
$91,951
RPP 107.6
3. Kansas
$91,711
RPP 90.0
4. Iowa
$90,576
RPP 88.4
$89,306
RPP 88.0
$87,398
RPP 108.8
$86,468
RPP 97.7
$85,839
RPP 92.3
9. Vermont
$85,548
RPP 101.1
$85,402
RPP 109.4

Oregon ranks #35 out of 50 states for Loan Officers 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 Officers in Oregon after cost of living?

A Loan Officers in Oregon earns a median salary of $74,720 per year. After adjusting for Oregon's cost of living (RPP=106.6), the real purchasing power is $70,093 — a -6.2% difference.

Is Oregon expensive to live in?

Oregon's cost of living is 6.6% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Oregon is 106.6 (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 Officers in Oregon: $74,720 x (100 / 106.6) = $70,093. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Loan Officers's nominal salary of $74,720 in Oregon has 6.2% less purchasing power due to higher living costs. The real value is $70,093. However, Oregon may offer better career opportunities, networking, and industry access.

Related Salary Pages