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Tellers Salary in Massachusetts: Cost of Living Adjusted (2024)

What does a Tellers salary really buy you in Massachusetts?

Massachusetts is 9.4% pricier than the US average

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

Nominal Salary
$45,100
Median annual (2024)
-8.6%
Real Purchasing Power
$41,224
COL-adjusted (RPP=109.4)

Massachusetts Cost of Living Index

Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A Tellers earning $45,100 in Massachusetts has the equivalent purchasing power of $41,224 in an average-cost US state.

MA: 109.4
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 Massachusetts's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $37,600 $34,369 $-3,230
25th Percentile (P25) $39,040 $35,685 $-3,354
Median (P50) $45,100 $41,224 $-3,875
75th Percentile (P75) $47,920 $43,802 $-4,117
90th Percentile (P90) $53,610 $49,003 $-4,606
Key Insight

While $45,100 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $41,224. Consider whether the higher pay offsets the higher costs.

Best States for Tellers (After Cost of Living)

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

1. Ohio
$46,983
RPP 91.5
2. Nevada
$45,726
RPP 96.4
$45,636
RPP 94.2
4. Alaska
$44,696
RPP 102.0
$44,551
RPP 98.0
$44,036
RPP 88.7
7. Arizona
$43,873
RPP 99.9
$43,524
RPP 106.4
$43,372
RPP 102.3
10. Florida
$43,212
RPP 102.1

Massachusetts ranks #29 out of 50 states for Tellers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Tellers in Massachusetts after cost of living?

A Tellers in Massachusetts earns a median salary of $45,100 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $41,224 — a -8.6% difference.

Is Massachusetts expensive to live in?

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).

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 Tellers in Massachusetts: $45,100 x (100 / 109.4) = $41,224. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Tellers's nominal salary of $45,100 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $41,224. However, Massachusetts may offer better career opportunities, networking, and industry access.

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