What does a New Accounts Clerks salary really buy you in Colorado?
Colorado is 2.3% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Colorado's Regional Price Parity (RPP) is 102.3, meaning prices are 2.3% higher the national average. A New Accounts Clerks earning $49,080 in Colorado has the equivalent purchasing power of $47,976 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Colorado's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $35,210 | $34,418 | $-791 |
| 25th Percentile (P25) | $44,810 | $43,802 | $-1,007 |
| Median (P50) | $49,080 | $47,976 | $-1,103 |
| 75th Percentile (P75) | $60,440 | $59,081 | $-1,358 |
| 90th Percentile (P90) | $65,970 | $64,486 | $-1,483 |
Colorado's cost of living is close to the national average, so $49,080 keeps most of its value at $47,976 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does New Accounts Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Colorado ranks #19 out of 45 states for New Accounts Clerks after cost-of-living adjustment.
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A New Accounts Clerks in Colorado earns a median salary of $49,080 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $47,976 — a -2.2% difference.
Colorado's cost of living is 2.3% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Colorado is 102.3 (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 New Accounts Clerks in Colorado: $49,080 x (100 / 102.3) = $47,976. This represents what the salary would be worth in a state with average living costs.
Partially — a New Accounts Clerks's nominal salary of $49,080 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $47,976. However, Colorado may offer better career opportunities, networking, and industry access.