AmericaByNumbers.com

New Accounts Clerks Salary in Hawaii: Cost of Living Adjusted (2024)

What does a New Accounts Clerks salary really buy you in Hawaii?

Hawaii is 10.8% pricier than the US average

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

Nominal Salary
$50,030
Median annual (2024)
-9.7%
Real Purchasing Power
$45,153
COL-adjusted (RPP=110.8)

Hawaii Cost of Living Index

Hawaii's Regional Price Parity (RPP) is 110.8, meaning prices are 10.8% higher the national average. A New Accounts Clerks earning $50,030 in Hawaii has the equivalent purchasing power of $45,153 in an average-cost US state.

HI: 110.8
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 Hawaii's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $41,410 $37,373 $-4,036
25th Percentile (P25) $43,420 $39,187 $-4,232
Median (P50) $50,030 $45,153 $-4,876
75th Percentile (P75) $51,180 $46,191 $-4,988
90th Percentile (P90) $63,960 $57,725 $-6,234
Key Insight

While $50,030 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $45,153. Consider whether the higher pay offsets the higher costs.

Best States for New Accounts Clerks (After Cost of Living)

Where does New Accounts Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$63,709
RPP 88.7
$52,919
RPP 91.8
$52,060
RPP 89.8
$51,847
RPP 94.2
$51,209
RPP 93.4
$51,083
RPP 92.3
7. Iowa
$50,588
RPP 88.4
$50,382
RPP 88.8
9. Ohio
$50,306
RPP 91.5
$50,000
RPP 91.0

Hawaii ranks #35 out of 45 states for New Accounts Clerks 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 New Accounts Clerks in Hawaii after cost of living?

A New Accounts Clerks in Hawaii earns a median salary of $50,030 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $45,153 — a -9.7% difference.

Is Hawaii expensive to live in?

Hawaii's cost of living is 10.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Hawaii is 110.8 (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 New Accounts Clerks in Hawaii: $50,030 x (100 / 110.8) = $45,153. This represents what the salary would be worth in a state with average living costs.

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

Partially — a New Accounts Clerks's nominal salary of $50,030 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $45,153. However, Hawaii may offer better career opportunities, networking, and industry access.

Related Salary Pages