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Biochemists and Biophysicists Salary in Indiana: Cost of Living Adjusted (2024)

What does a Biochemists and Biophysicists salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$63,570
Median annual (2024)
+8.9%
Real Purchasing Power
$69,248
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 Biochemists and Biophysicists earning $63,570 in Indiana has the equivalent purchasing power of $69,248 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) $46,340 $50,479 +$4,139
25th Percentile (P25) $46,460 $50,610 +$4,150
Median (P50) $63,570 $69,248 +$5,678
75th Percentile (P75) $110,820 $120,718 +$9,898
90th Percentile (P90) $175,680 $191,372 +$15,692
Key Insight

A Biochemists and Biophysicists in Indiana earns $63,570 on paper, but low living costs mean your money goes 9% further — like earning $69,248 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Biochemists and Biophysicists (After Cost of Living)

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

$165,692
RPP 86.6
2. Florida
$145,817
RPP 102.1
$117,307
RPP 96.2
$116,563
RPP 109.4
$115,768
RPP 112.5
$110,920
RPP 92.3
$106,983
RPP 102.1
$103,183
RPP 98.0
$100,729
RPP 91.8
$98,114
RPP 109.8

Indiana ranks #29 out of 31 states for Biochemists and Biophysicists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Biochemists and Biophysicists in Indiana after cost of living?

A Biochemists and Biophysicists in Indiana earns a median salary of $63,570 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $69,248 — 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 Biochemists and Biophysicists in Indiana: $63,570 x (100 / 91.8) = $69,248. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Biochemists and Biophysicists in Indiana financially?

From a purchasing power perspective, yes. A Biochemists and Biophysicists 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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