What does a New Accounts Clerks salary really buy you in Massachusetts?
Massachusetts is 9.4% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A New Accounts Clerks earning $52,800 in Massachusetts has the equivalent purchasing power of $48,263 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Massachusetts's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $42,480 | $38,829 | $-3,650 |
| 25th Percentile (P25) | $49,880 | $45,594 | $-4,285 |
| Median (P50) | $52,800 | $48,263 | $-4,536 |
| 75th Percentile (P75) | $55,800 | $51,005 | $-4,794 |
| 90th Percentile (P90) | $65,290 | $59,680 | $-5,609 |
While $52,800 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $48,263. Consider whether the higher pay offsets the higher costs.
Where does New Accounts Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Massachusetts ranks #17 out of 45 states for New Accounts Clerks after cost-of-living adjustment.
Some links are affiliate links. See our disclosure.
A New Accounts Clerks in Massachusetts earns a median salary of $52,800 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $48,263 — a -8.6% difference.
Massachusetts's cost of living is 9.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Massachusetts is 109.4 (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 Massachusetts: $52,800 x (100 / 109.4) = $48,263. This represents what the salary would be worth in a state with average living costs.
Partially — a New Accounts Clerks's nominal salary of $52,800 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $48,263. However, Massachusetts may offer better career opportunities, networking, and industry access.