What does a Psychiatric Aides salary really buy you in Nevada?
Nevada is 3.6% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Nevada's Regional Price Parity (RPP) is 96.4, meaning prices are 3.6% lower the national average. A Psychiatric Aides earning $50,250 in Nevada has the equivalent purchasing power of $52,126 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Nevada's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $36,400 | $37,759 | +$1,359 |
| 25th Percentile (P25) | $40,980 | $42,510 | +$1,530 |
| Median (P50) | $50,250 | $52,126 | +$1,876 |
| 75th Percentile (P75) | $62,150 | $64,470 | +$2,320 |
| 90th Percentile (P90) | $62,150 | $64,470 | +$2,320 |
A Psychiatric Aides in Nevada earns $50,250 on paper, but low living costs mean your money goes 4% further — like earning $52,126 in an average-cost state. This makes Nevada one of the best value states for this occupation.
Where does Psychiatric Aides salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Nevada ranks #1 out of 39 states for Psychiatric Aides after cost-of-living adjustment.
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A Psychiatric Aides in Nevada earns a median salary of $50,250 per year. After adjusting for Nevada's cost of living (RPP=96.4), the real purchasing power is $52,126 — a +3.7% difference.
Nevada's cost of living is 3.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Nevada is 96.4 (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 Psychiatric Aides in Nevada: $50,250 x (100 / 96.4) = $52,126. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Psychiatric Aides in Nevada enjoys 3.7% 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.