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Tellers Salary in South Dakota: Cost of Living Adjusted (2024)

What does a Tellers salary really buy you in South Dakota?

South Dakota is 12.0% cheaper than the US average

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

Nominal Salary
$37,120
Median annual (2024)
+13.6%
Real Purchasing Power
$42,181
COL-adjusted (RPP=88.0)

South Dakota Cost of Living Index

South Dakota's Regional Price Parity (RPP) is 88.0, meaning prices are 12.0% lower the national average. A Tellers earning $37,120 in South Dakota has the equivalent purchasing power of $42,181 in an average-cost US state.

SD: 88.0
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 South Dakota's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $31,280 $35,545 +$4,265
25th Percentile (P25) $35,730 $40,602 +$4,872
Median (P50) $37,120 $42,181 +$5,061
75th Percentile (P75) $41,680 $47,363 +$5,683
90th Percentile (P90) $44,940 $51,068 +$6,128
Key Insight

A Tellers in South Dakota earns $37,120 on paper, but low living costs mean your money goes 14% further — like earning $42,181 in an average-cost state. This makes South Dakota 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

South Dakota ranks #17 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 South Dakota after cost of living?

A Tellers in South Dakota earns a median salary of $37,120 per year. After adjusting for South Dakota's cost of living (RPP=88.0), the real purchasing power is $42,181 — a +13.6% difference.

Is South Dakota expensive to live in?

South Dakota's cost of living is 12.0% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for South Dakota is 88.0 (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 South Dakota: $37,120 x (100 / 88.0) = $42,181. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Tellers in South Dakota financially?

From a purchasing power perspective, yes. A Tellers in South Dakota enjoys 13.6% 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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