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Medical Transcriptionists Salary in South Dakota: Cost of Living Adjusted (2024)

What does a Medical Transcriptionists salary really buy you in South Dakota?

South Dakota is 12.0% cheaper than the US average

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

Nominal Salary
$45,580
Median annual (2024)
+13.6%
Real Purchasing Power
$51,795
COL-adjusted (RPP=88.0)

South Dakota Cost of Living Index

South Dakota's Regional Price Parity (RPP) is 88.0, meaning prices are 12.0% lower the national average. A Medical Transcriptionists earning $45,580 in South Dakota has the equivalent purchasing power of $51,795 in an average-cost US state.

SD: 88.0
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 South Dakota's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $36,180 $41,113 +$4,933
25th Percentile (P25) $40,880 $46,454 +$5,574
Median (P50) $45,580 $51,795 +$6,215
75th Percentile (P75) $55,240 $62,772 +$7,532
90th Percentile (P90) $59,790 $67,943 +$8,153
Key Insight

A Medical Transcriptionists in South Dakota earns $45,580 on paper, but low living costs mean your money goes 14% further — like earning $51,795 in an average-cost state. This makes South Dakota one of the best value states for this occupation.

Best States for Medical Transcriptionists (After Cost of Living)

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

1. Wyoming
$54,961
RPP 91.9
$53,418
RPP 97.7
$52,892
RPP 92.3
$51,795
RPP 88.0
$50,518
RPP 88.7
$50,343
RPP 87.3
7. Iowa
$48,902
RPP 88.4
8. Montana
$48,239
RPP 90.3
9. Maine
$48,134
RPP 100.8
10. Nebraska
$46,258
RPP 89.8

South Dakota ranks #4 out of 49 states for Medical Transcriptionists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Medical Transcriptionists in South Dakota after cost of living?

A Medical Transcriptionists in South Dakota earns a median salary of $45,580 per year. After adjusting for South Dakota's cost of living (RPP=88.0), the real purchasing power is $51,795 — a +13.6% difference.

Is South Dakota expensive to live in?

South Dakota's cost of living is 12.0% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for South Dakota is 88.0 (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 Transcriptionists in South Dakota: $45,580 x (100 / 88.0) = $51,795. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Medical Transcriptionists in South Dakota financially?

From a purchasing power perspective, yes. A Medical Transcriptionists in South Dakota enjoys 13.6% 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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