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Medical Records Specialists Salary in Montana: Cost of Living Adjusted (2024)

What does a Medical Records Specialists salary really buy you in Montana?

Montana is 9.7% cheaper than the US average

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

Nominal Salary
$49,930
Median annual (2024)
+10.7%
Real Purchasing Power
$55,293
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Medical Records Specialists earning $49,930 in Montana has the equivalent purchasing power of $55,293 in an average-cost US state.

MT: 90.3
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 Montana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $38,610 $42,757 +$4,147
25th Percentile (P25) $45,330 $50,199 +$4,869
Median (P50) $49,930 $55,293 +$5,363
75th Percentile (P75) $60,360 $66,843 +$6,483
90th Percentile (P90) $62,200 $68,881 +$6,681
Key Insight

A Medical Records Specialists in Montana earns $49,930 on paper, but low living costs mean your money goes 11% further — like earning $55,293 in an average-cost state. This makes Montana one of the best value states for this occupation.

Best States for Medical Records Specialists (After Cost of Living)

Where does Medical Records Specialists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Nevada
$62,790
RPP 96.4
$62,510
RPP 93.6
$60,706
RPP 97.7
$60,487
RPP 104.7
$60,372
RPP 88.7
$59,880
RPP 92.3
7. Iowa
$58,348
RPP 88.4
8. Wyoming
$58,269
RPP 91.9
$57,181
RPP 88.0
10. Hawaii
$56,850
RPP 110.8

Montana ranks #17 out of 50 states for Medical Records Specialists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Medical Records Specialists in Montana after cost of living?

A Medical Records Specialists in Montana earns a median salary of $49,930 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $55,293 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (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 Medical Records Specialists in Montana: $49,930 x (100 / 90.3) = $55,293. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Medical Records Specialists in Montana financially?

From a purchasing power perspective, yes. A Medical Records Specialists in Montana enjoys 10.7% 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.

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