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

What does a Tellers salary really buy you in Virginia?

Virginia is 2.1% pricier than the US average

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

Nominal Salary
$43,340
Median annual (2024)
-2.1%
Real Purchasing Power
$42,448
COL-adjusted (RPP=102.1)

Virginia Cost of Living Index

Virginia's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Tellers earning $43,340 in Virginia has the equivalent purchasing power of $42,448 in an average-cost US state.

VA: 102.1
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 Virginia's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $34,800 $34,084 $-715
25th Percentile (P25) $37,480 $36,709 $-770
Median (P50) $43,340 $42,448 $-891
75th Percentile (P75) $46,240 $45,288 $-951
90th Percentile (P90) $49,450 $48,432 $-1,017
Key Insight

Virginia's cost of living is close to the national average, so $43,340 keeps most of its value at $42,448 in real terms. Location choice here is more about career opportunities than cost arbitrage.

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

Virginia ranks #14 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 Virginia after cost of living?

A Tellers in Virginia earns a median salary of $43,340 per year. After adjusting for Virginia's cost of living (RPP=102.1), the real purchasing power is $42,448 — a -2.1% difference.

Is Virginia expensive to live in?

Virginia's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Virginia is 102.1 (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 Virginia: $43,340 x (100 / 102.1) = $42,448. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Tellers's nominal salary of $43,340 in Virginia has 2.1% less purchasing power due to higher living costs. The real value is $42,448. However, Virginia may offer better career opportunities, networking, and industry access.

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