What does a Derrick Operators, Oil and Gas salary really buy you in Ohio?
Ohio is 8.5% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Ohio's Regional Price Parity (RPP) is 91.5, meaning prices are 8.5% lower the national average. A Derrick Operators, Oil and Gas earning $49,700 in Ohio has the equivalent purchasing power of $54,316 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Ohio's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $37,180 | $40,633 | +$3,453 |
| 25th Percentile (P25) | $48,810 | $53,344 | +$4,534 |
| Median (P50) | $49,700 | $54,316 | +$4,616 |
| 75th Percentile (P75) | $61,590 | $67,311 | +$5,721 |
| 90th Percentile (P90) | $61,600 | $67,322 | +$5,722 |
A Derrick Operators, Oil and Gas in Ohio earns $49,700 on paper, but low living costs mean your money goes 9% further — like earning $54,316 in an average-cost state. This makes Ohio one of the best value states for this occupation.
Where does Derrick Operators, Oil and Gas salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Ohio ranks #15 out of 16 states for Derrick Operators, Oil and Gas after cost-of-living adjustment.
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A Derrick Operators, Oil and Gas in Ohio earns a median salary of $49,700 per year. After adjusting for Ohio's cost of living (RPP=91.5), the real purchasing power is $54,316 — a +9.3% difference.
Ohio's cost of living is 8.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Ohio is 91.5 (US average = 100).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Derrick Operators, Oil and Gas in Ohio: $49,700 x (100 / 91.5) = $54,316. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Derrick Operators, Oil and Gas in Ohio enjoys 9.3% 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.