U.S. states with the highest salaries for accountants and auditors
3. The impact of a cost of living adjustment on salaries
This analysis presents an interesting perspective which should be taken into account when comparing salaries or jobs in different states. Yes, a job with a higher salary in California may appear to be a better choice, but when one considers the cost of living in California, it may not be so. You can see that the two lists (presented earlier) have only five (5) overlapping states. The map with the highest adjusted salaries shifted from the West and East coasts to the Midwest or the South of the U.S.
The map below shows a color coded impact of adjusting salaries for the cost of living (green means a favorable salary adjustment for a state):
U.S. states such as North Carolina, Alabama, and Oklahoma – that usually don’t come to mind as the places with the highest salaries – actually start to look pretty appealing from a compensation standpoint. All because the cost of living in these states is lower than the national average.
- What are career opportunities in accounting?
- The CPA exam
- The status of work-life balance issue in the accounting profession
- Does talent acquisition problem exist in internal auditing?
- Are there changes in the work-life balance and attractiveness of public accounting?
- U.S. states with the highest salaries for accountants and auditors
- Best paying industries for accountants and auditors
- Different types of accounting classes and courses
- Accounting Certifications: Certified Public Accountant (CPA)