Electrical Engineers Salary in Indiana: Cost of Living Adjusted (2024)

What does a Electrical Engineers 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 2026-04-02

Nominal Salary
$98,270
Median annual (2024)
+8.9%
Real Purchasing Power
$107,047
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 Electrical Engineers earning $98,270 in Indiana has the equivalent purchasing power of $107,047 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) $64,410 $70,163 +$5,753
25th Percentile (P25) $79,980 $87,124 +$7,144
Median (P50) $98,270 $107,047 +$8,777
75th Percentile (P75) $121,170 $131,993 +$10,823
90th Percentile (P90) $136,670 $148,877 +$12,207
Key Insight

A Electrical Engineers in Indiana earns $98,270 on paper, but low living costs mean your money goes 9% further — like earning $107,047 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Electrical Engineers (After Cost of Living)

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

$149,318
RPP 91.0
2. Idaho
$129,782
RPP 91.8
$123,773
RPP 107.6
$123,680
RPP 112.5
5. Iowa
$120,780
RPP 88.4
6. Alabama
$120,250
RPP 87.8
$118,635
RPP 88.7
$115,482
RPP 109.8
$114,689
RPP 109.4
10. Maryland
$114,514
RPP 105.0

Indiana ranks #30 out of 50 states for Electrical Engineers after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Electrical Engineers in Indiana earns a median salary of $98,270 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $107,047 — 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 Electrical Engineers in Indiana: $98,270 x (100 / 91.8) = $107,047. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Electrical Engineers in Indiana financially?

From a purchasing power perspective, yes. A Electrical Engineers 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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