The Salary Index
Salary data is based on the Provo-Orem-Lehi, UT metropolitan area and applied to Provo using local cost-of-living adjustments.

Tellers Salaries in Provo, UT

Average Base Pay

$39,900/yr

2% below national average

Monthly

$3,325

Hourly

$19

Cost Index

91

Tellers in Provo, UT earn an average of $39,900 per year, with most salaries falling between $31,920 and $47,880 depending on experience, employer, and specialization. At 2% below the national average, Provo offers a more modest rate for this role, in part reflecting a local cost of living index of 91. For professionals evaluating a move or negotiating an offer, the headline salary is only part of the picture—what matters most is how far that income actually goes once taxes, rent, and daily expenses are factored in. The sections below break that down in full for Provo.

Salary Range

The chart below shows the full compensation spectrum for this role, from entry-level to senior positions. The highlighted center bars represent the 25th–75th percentile band where most professionals are paid.

$30K
Low
$40K
Median
$50K
High
25th percentile: $34K75th percentile: $46K

About Tellers

Accountants record, analyze, and report financial transactions to ensure that organizations maintain accurate records and comply with tax laws and financial regulations. They prepare financial statements—income statements, balance sheets, and cash flow statements—that stakeholders use to assess business performance. Accountants work in public accounting firms, corporate finance departments, government agencies, and nonprofits. In public accounting, they audit financial statements for accuracy, prepare tax returns, and advise clients on tax strategy. In corporate roles, they manage the general ledger, process accounts payable and receivable, reconcile bank statements, and close the books monthly and annually. Management accountants provide financial analysis to internal decision-makers—tracking costs, analyzing profitability by product or customer, and preparing budget variance reports. Tax accountants specialize in federal, state, and local tax compliance and planning. The Certified Public Accountant (CPA) designation, earned by passing the Uniform CPA Examination after meeting education requirements, is the gold standard credential and is required for signing audit reports and filing certain tax documents. Accounting requires extreme precision, as errors can have legal and financial consequences.

What Tellers Do

  • Maintain the general ledger and record financial transactions accurately
  • Prepare monthly, quarterly, and annual financial statements
  • Reconcile bank accounts and investigate discrepancies
  • Process accounts payable, accounts receivable, and payroll
  • Prepare and file federal, state, and local tax returns
  • Assist with internal and external audits
  • Analyze financial data to identify trends, variances, and opportunities
  • Ensure compliance with GAAP, IFRS, and regulatory requirements

Key Skills & Qualifications

  • Proficiency in accounting software such as QuickBooks, SAP, or Oracle Financials
  • Advanced Microsoft Excel skills including pivot tables and financial modeling
  • Knowledge of GAAP and financial reporting standards
  • Tax law knowledge for federal and state compliance
  • Attention to detail and accuracy
  • Bank reconciliation and month-end close processes
  • CPA designation (required or preferred for senior roles)
  • Analytical thinking and financial statement interpretation

Career Path

  1. Accounting Clerk / Bookkeeper
  2. Staff Accountant
  3. Senior Accountant
  4. Accounting Manager / Controller
  5. CFO / Director of Finance

Tellers Market in Provo, UT

Salary Competitiveness

Provo salaries for Tellers track closely with the national median, diverging by less than 4%. This alignment suggests a competitive but balanced local market—employers are broadly in step with national pay scales, which can make benchmark comparisons more reliable when negotiating.

Cost of Living Impact

Provo sits close to the national cost average. Monthly essential expenses represent about 100% of take-home pay for this role—a midrange ratio that allows for modest savings and discretionary spending, provided housing costs remain stable.

Effective Purchasing Power

Despite a competitive gross salary, a Tellers earning $39,900 in Provo operates in a tight purchasing-power band once taxes and local cost of living are applied. Careful planning around housing, transportation, and discretionary spending is essential to avoid running negative disposable income month to month.

vs. National Avg

-2%

Cost Pressure

100%

Purchasing Power

Tight

Take-Home Pay Calculator

Enter any gross salary to see how federal and state taxes affect your actual take-home pay, broken down by year, month, and week. Results use an estimated effective tax rate of 27% based on this location and income level.

$
Take-home (73%)Taxes (27%)

Annual Net

$29,127

Monthly

$2,427

Weekly

$560

Eff. Tax Rate

27%

A gross salary of $39,900 for a Tellers in Provo translates to roughly $2,427 in monthly take-home pay after estimated federal and state taxes. Set against monthly living costs of $2,437—covering housing, food, transportation, utilities, and healthcare—that leaves approximately $-10 per month in disposable income. That margin, not the gross number, is what determines whether you can comfortably cover rent, build savings, and afford discretionary spending in Provo's current market.

How far does this salary go in Provo?

Cost of Living in Provo

Estimated monthly expenses for a single person in Provo, benchmarked against US regional price indices for housing, food, transportation, utilities, and healthcare.

Cost Index

91

Below Avg — US average is 100. Based on a single person (1-bed apartment).

🏠Housing / Rent$1,380/mo
🍔Food & Groceries$475/mo
🚗Transportation$130/mo
💡Utilities$160/mo
🏥Healthcare$292/mo
Monthly$2,437
Annual$29,244

Financial Reality Check

This section compares estimated monthly take-home pay against typical living costs in Provo to show your real disposable income—the amount remaining after essential bills are paid each month.

Monthly Take-Home

$2,427

Living Costs

$2,437

Disposable

$-10

Cost Index

91

Lifestyle

Tight

With a monthly take-home of $2,427, your estimated living costs in Provo are $2,437 ($29,244/yr). This leaves $-10 per month in disposable income, indicating a tight standard of living. Provo's cost of living is 9% below the national average.

Overall, a Tellers earning $39,900 in Provo falls into a tight lifestyle tier and will need to budget carefully—essential costs consume a significant share of take-home pay, leaving limited room for savings or emergencies. With a cost index of 91, Provo is 9% more affordable than the national average, which extends your purchasing power. Regardless of tier, prioritizing retirement contributions, an emergency fund of three to six months' expenses, and incremental debt reduction will yield the greatest long-term financial stability—especially as living costs in Provo continue to evolve.

Frequently Asked Questions

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Tellers · Provo, UT2% below avg

Gross Salary

$39,900/yr

Take-home

$2,427/mo

Disposable

$-10/mo

Lifestyle

Tight

Source: thesalaryindex.com · BLS data

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Salary estimates are based on BLS metro data and adjusted using cost-of-living indices.