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Physician Assistants Salary in Indiana: Cost of Living Adjusted (2024)

What does a Physician Assistants 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
$132,200
Median annual (2024)
+8.9%
Real Purchasing Power
$144,008
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 Physician Assistants earning $132,200 in Indiana has the equivalent purchasing power of $144,008 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) $104,990 $114,368 +$9,378
25th Percentile (P25) $122,160 $133,071 +$10,911
Median (P50) $132,200 $144,008 +$11,808
75th Percentile (P75) $165,500 $180,283 +$14,783
90th Percentile (P90) $202,790 $220,904 +$18,114
Key Insight

A Physician Assistants in Indiana earns $132,200 on paper, but low living costs mean your money goes 9% further — like earning $144,008 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Physician Assistants (After Cost of Living)

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

$153,835
RPP 91.0
$152,799
RPP 91.1
3. Iowa
$150,904
RPP 88.4
4. Montana
$147,264
RPP 90.3
$147,240
RPP 88.8
6. Hawaii
$147,129
RPP 110.8
$145,602
RPP 88.0
8. Wyoming
$145,081
RPP 91.9
9. Indiana
$144,008
RPP 91.8
10. Wisconsin
$143,900
RPP 92.3

Indiana ranks #9 out of 50 states for Physician Assistants after cost-of-living adjustment.

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Frequently Asked Questions

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

A Physician Assistants in Indiana earns a median salary of $132,200 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $144,008 — 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 Physician Assistants in Indiana: $132,200 x (100 / 91.8) = $144,008. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Physician Assistants in Indiana financially?

From a purchasing power perspective, yes. A Physician Assistants 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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