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Bakers Salary in Indiana: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Bakers salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$36,150
Median annual (2025)
+8.9%
Real Purchasing Power
$39,379
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Bakers earning $36,150 in Indiana has the equivalent purchasing power of $39,379 in an average-cost US state.

IN: 91.8
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 Indiana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $22,880 $24,923 +$2,043
25th Percentile (P25) $28,790 $31,361 +$2,571
Median (P50) $36,150 $39,379 +$3,229
75th Percentile (P75) $41,360 $45,054 +$3,694
90th Percentile (P90) $47,360 $51,590 +$4,230
Key Insight

A Bakers in Indiana earns $36,150 on paper, but low living costs mean your money goes 9% further — like earning $39,379 in an average-cost state. This makes Indiana one of the best value states for this occupation.

What the Cost-of-Living Data Says

Indiana Runs Well Below National Cost

RPP 91.8

Indiana's Regional Price Parity (RPP) of 91.8 means a basket of goods and services costs about 8.2% less than the national average. For a Bakers, every dollar earned effectively buys more here than in a 100-RPP state.

Meaningful Purchasing-Power Shift

+8.9%

After applying Indiana's RPP, the $36,150 median salary translates to $39,379 in real terms — a 8.9% gain. That difference can cover several months of expenses over a year for a Bakers.

Above-Median Adjusted Pay

#13 / 51

Indiana sits at #13 of 51 states for Bakers COL-adjusted salary — comfortably above the national midpoint.

Best States for Bakers (After Cost of Living)

Where does Bakers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$43,568
RPP 88.0
2. Wyoming
$43,525
RPP 91.9
3. Hawaii
$42,157
RPP 110.8
4. Iowa
$42,092
RPP 88.4
$42,021
RPP 109.8
$41,600
RPP 88.7
7. Montana
$41,196
RPP 90.3
$41,156
RPP 97.7
9. Nevada
$41,016
RPP 96.4
10. Wisconsin
$40,422
RPP 92.3

Indiana ranks #13 out of 51 states for Bakers after cost-of-living adjustment.

How much do you actually take home? See Bakers take-home pay in Indiana after taxes →

Frequently Asked Questions

What is the real salary for a Bakers in Indiana after cost of living?

A Bakers in Indiana earns a median salary of $36,150 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $39,379 — a +8.9% difference.

Is Indiana expensive to live in?

Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana is 91.8 (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 Bakers in Indiana: $36,150 x (100 / 91.8) = $39,379. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Bakers in Indiana financially?

From a purchasing power perspective, yes. A Bakers in Indiana enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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