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Psychology Teachers, Postsecondary Salary in Virginia: Cost of Living Adjusted (2024)

What does a Psychology Teachers, Postsecondary salary really buy you in Virginia?

Virginia is 2.1% pricier than the US average

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

Nominal Salary
$80,750
Median annual (2024)
-2.1%
Real Purchasing Power
$79,089
COL-adjusted (RPP=102.1)

Virginia Cost of Living Index

Virginia's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Psychology Teachers, Postsecondary earning $80,750 in Virginia has the equivalent purchasing power of $79,089 in an average-cost US state.

VA: 102.1
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 Virginia's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $43,670 $42,771 $-898
25th Percentile (P25) $58,580 $57,375 $-1,204
Median (P50) $80,750 $79,089 $-1,660
75th Percentile (P75) $104,620 $102,468 $-2,151
90th Percentile (P90) $162,760 $159,412 $-3,347
Key Insight

Virginia's cost of living is close to the national average, so $80,750 keeps most of its value at $79,089 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Psychology Teachers, Postsecondary (After Cost of Living)

Where does Psychology Teachers, Postsecondary salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$113,122
RPP 88.7
$95,877
RPP 93.4
$94,990
RPP 105.0
$94,640
RPP 112.5
$92,471
RPP 106.4
$91,663
RPP 107.6
7. Oregon
$90,365
RPP 106.6
$90,110
RPP 90.6
$89,231
RPP 89.8
$88,197
RPP 91.0

Virginia ranks #32 out of 50 states for Psychology Teachers, Postsecondary after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Psychology Teachers, Postsecondary in Virginia after cost of living?

A Psychology Teachers, Postsecondary in Virginia earns a median salary of $80,750 per year. After adjusting for Virginia's cost of living (RPP=102.1), the real purchasing power is $79,089 — a -2.1% difference.

Is Virginia expensive to live in?

Virginia's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Virginia is 102.1 (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 Psychology Teachers, Postsecondary in Virginia: $80,750 x (100 / 102.1) = $79,089. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Psychology Teachers, Postsecondary's nominal salary of $80,750 in Virginia has 2.1% less purchasing power due to higher living costs. The real value is $79,089. However, Virginia may offer better career opportunities, networking, and industry access.

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