What does a Tank Car, Truck, and Ship Loaders salary really buy you in Michigan?
Michigan is 6.6% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Michigan's Regional Price Parity (RPP) is 93.4, meaning prices are 6.6% lower the national average. A Tank Car, Truck, and Ship Loaders earning $59,370 in Michigan has the equivalent purchasing power of $63,565 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Michigan's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $47,910 | $51,295 | +$3,385 |
| 25th Percentile (P25) | $54,300 | $58,137 | +$3,837 |
| Median (P50) | $59,370 | $63,565 | +$4,195 |
| 75th Percentile (P75) | $66,730 | $71,445 | +$4,715 |
| 90th Percentile (P90) | $77,110 | $82,558 | +$5,448 |
A Tank Car, Truck, and Ship Loaders in Michigan earns $59,370 on paper, but low living costs mean your money goes 7% further — like earning $63,565 in an average-cost state. This makes Michigan one of the best value states for this occupation.
Where does Tank Car, Truck, and Ship Loaders salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Michigan ranks #14 out of 35 states for Tank Car, Truck, and Ship Loaders after cost-of-living adjustment.
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A Tank Car, Truck, and Ship Loaders in Michigan earns a median salary of $59,370 per year. After adjusting for Michigan's cost of living (RPP=93.4), the real purchasing power is $63,565 — a +7.1% difference.
Michigan's cost of living is 6.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Michigan is 93.4 (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 Tank Car, Truck, and Ship Loaders in Michigan: $59,370 x (100 / 93.4) = $63,565. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Tank Car, Truck, and Ship Loaders in Michigan enjoys 7.1% 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.