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

What does a Tellers salary really buy you in Montana?

Montana is 9.7% cheaper than the US average

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

Nominal Salary
$37,640
Median annual (2024)
+10.7%
Real Purchasing Power
$41,683
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Tellers earning $37,640 in Montana has the equivalent purchasing power of $41,683 in an average-cost US state.

MT: 90.3
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 Montana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $33,530 $37,131 +$3,601
25th Percentile (P25) $36,080 $39,955 +$3,875
Median (P50) $37,640 $41,683 +$4,043
75th Percentile (P75) $40,540 $44,894 +$4,354
90th Percentile (P90) $45,110 $49,955 +$4,845
Key Insight

A Tellers in Montana earns $37,640 on paper, but low living costs mean your money goes 11% further — like earning $41,683 in an average-cost state. This makes Montana one of the best value states for this occupation.

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

Montana ranks #23 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 Montana after cost of living?

A Tellers in Montana earns a median salary of $37,640 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $41,683 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (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 Tellers in Montana: $37,640 x (100 / 90.3) = $41,683. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Tellers in Montana financially?

From a purchasing power perspective, yes. A Tellers in Montana enjoys 10.7% 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.

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