AmericaByNumbers.com

Tax Preparers Salary in Wisconsin: Cost of Living Adjusted (2024)

What does a Tax Preparers salary really buy you in Wisconsin?

Wisconsin is 7.7% cheaper than the US average

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

Nominal Salary
$46,010
Median annual (2024)
+8.3%
Real Purchasing Power
$49,848
COL-adjusted (RPP=92.3)

Wisconsin Cost of Living Index

Wisconsin's Regional Price Parity (RPP) is 92.3, meaning prices are 7.7% lower the national average. A Tax Preparers earning $46,010 in Wisconsin has the equivalent purchasing power of $49,848 in an average-cost US state.

WI: 92.3
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 Wisconsin's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $29,540 $32,004 +$2,464
25th Percentile (P25) $37,830 $40,985 +$3,155
Median (P50) $46,010 $49,848 +$3,838
75th Percentile (P75) $60,630 $65,687 +$5,057
90th Percentile (P90) $77,580 $84,052 +$6,472
Key Insight

A Tax Preparers in Wisconsin earns $46,010 on paper, but low living costs mean your money goes 8% further — like earning $49,848 in an average-cost state. This makes Wisconsin one of the best value states for this occupation.

Best States for Tax Preparers (After Cost of Living)

Where does Tax Preparers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Montana
$79,036
RPP 90.3
2. Alaska
$75,500
RPP 102.0
$68,057
RPP 107.6
$67,072
RPP 97.7
$66,662
RPP 88.7
6. Wyoming
$65,658
RPP 91.9
$65,075
RPP 112.5
8. Iowa
$64,977
RPP 88.4
9. Texas
$63,087
RPP 97.5
10. Utah
$62,074
RPP 94.5

Wisconsin ranks #25 out of 50 states for Tax Preparers 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 Tax Preparers in Wisconsin after cost of living?

A Tax Preparers in Wisconsin earns a median salary of $46,010 per year. After adjusting for Wisconsin's cost of living (RPP=92.3), the real purchasing power is $49,848 — a +8.3% difference.

Is Wisconsin expensive to live in?

Wisconsin's cost of living is 7.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wisconsin is 92.3 (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 Tax Preparers in Wisconsin: $46,010 x (100 / 92.3) = $49,848. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Tax Preparers in Wisconsin financially?

From a purchasing power perspective, yes. A Tax Preparers in Wisconsin enjoys 8.3% 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.

Related Salary Pages