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Salary data from BLS Occupational Employment and Wage Statistics

Medical Transcriptionists Salary: Salt Lake City-Murray, UT vs St. Cloud, MN

Medical Transcriptionists earn a median of $40,810 in Salt Lake City-Murray, UT and $52,190 in St. Cloud, MN. That is a nominal gap of $11,380 (-21.8%), with St. Cloud, MN paying more before any cost-of-living adjustment.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.

$40,810
Salt Lake City-Murray, UT median
$40,459 after COL
$52,190
St. Cloud, MN median
$59,556 after COL
-21.8%
Nominal gap
St. Cloud, MN leads
-32.1%
Adjusted gap
St. Cloud, MN leads after COL

The story behind the numbers

On raw wages, St. Cloud, MN pays $11,380 more per year than Salt Lake City-Murray, UT for medical transcriptionists, a gap of +21.8%.

After adjusting for cost of living, St. Cloud, MN still comes out ahead, with roughly $19,097 of extra purchasing power (+32.1% real gap). Local prices do not reverse the nominal advantage.

Full breakdown by location

Detailed wage, employment, and cost-of-living figures for medical transcriptionists in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.

Medical Transcriptionists

Salt Lake City-Murray, UT

Median salary
$40,810
Mean salary
$39,070
Employment
80
Location quotient
0.36
Jobs per 1,000
0.1
COL-adjusted median
$40,459
Regional Price Parity
100.9%

Exact metro RPP match.

Full Medical Transcriptionists page for Salt Lake City-Murray, UT →

Medical Transcriptionists

St. Cloud, MN

Median salary
$52,190
Mean salary
$52,240
Employment
40
Location quotient
1.37
Jobs per 1,000
0.4
COL-adjusted median
$59,556
Regional Price Parity
87.6%

Exact metro RPP match.

Full Medical Transcriptionists page for St. Cloud, MN →

Related pages

Keep digging into medical transcriptionists from a different angle.

Common questions about this comparison

What does the cost-of-living adjustment actually do? +

It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.

Why would the nominal and adjusted winners disagree? +

High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.

What is a location quotient? +

The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a metro specializes in.