Tellers Salary
In Waterloo-Cedar Falls, IA, tellers earn $38,880 at the median, or about $18.69 an hour. The range runs from $34K at the entry level to $48K for experienced workers. Cost of living is below average (RPP 87.06), which stretches that salary to about $44,659 in buying power. A 2-bedroom apartment runs $1,051/month, about 39.6% of take-home, which is tight.
So what does $39K get you in Waterloo-Cedar Falls?
Groceries, utilities, transportation, and healthcare scaled from national averages by Waterloo-Cedar Falls’s Regional Price Parity (87.06). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About tellers
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What this looks like in Waterloo-Cedar Falls
Tellers pay in Waterloo-Cedar Falls tracks closely to the national median, $39K locally vs. $43K nationwide, a 10% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,051/month, which is 40.1% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 87.06 (national = 100), meaning everyday costs run about 13% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for tellers in metros near Waterloo-Cedar Falls, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Des Moines-West Des Moines | $45K | $50K |
| Davenport-Moline-Rock Island | $37K | $42K |
| Cedar Rapids | $39K | $43K |
| Sioux City | $37K | $43K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Waterloo-Cedar Falls, IA
Entry-level tellers (10th percentile) start around $34K. Mid-career wages sit at $39K. Top earners bring in $48K or more, a $14K spread from bottom to top.
Tellers pay across states
Median income ranked highest to lowest, compared to the national figure
View Tellers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Washington | $48K | +11% | 9,180 |
| New Jersey | $47K | +10% | 10,270 |
| Massachusetts | $47K | +9% | 7,190 |
| California | $47K | +9% | 25,230 |
| Alaska | $47K | +9% | 1,020 |
| Connecticut | $46K | +8% | 3,220 |
| Colorado | $46K | +7% | 5,370 |
| Maryland | $46K | +7% | 3,860 |
| District of Columbia | $46K | +6% | 700 |
| Florida | $46K | +6% | 14,700 |
| Delaware | $45K | +5% | 1,400 |
| Rhode Island | $45K | +5% | 830 |
| Arizona | $45K | +5% | 3,770 |
| Virginia | $45K | +5% | 7,410 |
| Nevada | $45K | +5% | 1,850 |
| North Carolina | $45K | +4% | 5,260 |
| New Hampshire | $44K | +3% | 1,550 |
| Oregon | $44K | +3% | 2,990 |
| New York | $44K | +3% | 15,040 |
| Minnesota | $44K | +3% | 5,740 |
| Vermont | $44K | +2% | 930 |
| Hawaii | $44K | +2% | 1,760 |
| Maine | $43K | -0% | 2,410 |
| Idaho | $42K | -2% | 2,690 |
| South Carolina | $42K | -2% | 4,400 |
| Georgia | $42K | -3% | 7,820 |
| Pennsylvania | $40K | -7% | 14,800 |
| Ohio | $40K | -7% | 13,890 |
| Wisconsin | $40K | -8% | 9,030 |
| North Dakota | $39K | -9% | 1,990 |
| Michigan | $39K | -9% | 13,420 |
| Indiana | $39K | -10% | 8,400 |
| Illinois | $39K | -10% | 16,960 |
| South Dakota | $38K | -11% | 1,560 |
| Iowa | $38K | -11% | 5,470 |
| Utah | $38K | -11% | 4,790 |
| Wyoming | $38K | -11% | 970 |
| Nebraska | $38K | -11% | 4,590 |
| Montana | $38K | -12% | 1,660 |
| Texas | $38K | -12% | 25,860 |
| New Mexico | $38K | -12% | 2,330 |
| Alabama | $37K | -13% | 6,770 |
| Kentucky | $37K | -14% | 5,350 |
| Kansas | $37K | -14% | 4,720 |
| Mississippi | $37K | -14% | 3,750 |
| Tennessee | $37K | -15% | 7,560 |
| Missouri | $37K | -15% | 10,030 |
| Oklahoma | $36K | -17% | 7,230 |
| Arkansas | $36K | -17% | 4,250 |
| Louisiana | $36K | -17% | 4,900 |
| West Virginia | $35K | -20% | 2,620 |
Showing 1–10 of 51 (all 50 states + DC)
Track tellers salary changes
BLS updates this data quarterly. We'll email you when Waterloo-Cedar Falls numbers change.
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Frequently asked questions
Can a teller afford a 2BR apartment alone in Waterloo-Cedar Falls?
It’s a stretch — at the median salary of $39K, rent takes 40.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,051/month. The 30% guideline puts the comfortable ceiling at roughly $800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for tellers in Waterloo-Cedar Falls?
The 10th-percentile wage — what new tellers typically earn — is $34K/year. Take-home on that works out to about $2,033/month. At HUD’s $1,051/month FMR, rent would take 52% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is teller a high-paying job in Waterloo-Cedar Falls?
Pay here is roughly in line with the national average — $39K locally vs. $43K nationally, a 10% difference.
How does Waterloo-Cedar Falls compare to the national average for tellers?
Waterloo-Cedar Falls pays $39K median vs. the U.S. average of $43K — that’s -10%. After adjusting for local cost of living (RPP 87.06), the purchasing-power equivalent is $45K — still ahead of the national median.
How much do tellers make in Waterloo-Cedar Falls, IA?
The median is $38,880 a year, that works out to about $19 an hour. But the range is wide: entry-level workers start around $33,890, and experienced tellers can clear $47,670. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $39K enough to live in Waterloo-Cedar Falls?
On that salary, you'd take home roughly $2,624/month after taxes. A 2-bedroom here rents for about $1,051/month, which eats 40.1% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a tellers salary go in Waterloo-Cedar Falls?
Waterloo-Cedar Falls has a Regional Price Parity of 87.06 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median tellers salary is worth about $44,659 in national-average purchasing power.
Where do tellers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.