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Psychiatric Technicians Salary in Indiana: Cost of Living Adjusted (2024)

What does a Psychiatric Technicians 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
$39,140
Median annual (2024)
+8.9%
Real Purchasing Power
$42,636
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 Psychiatric Technicians earning $39,140 in Indiana has the equivalent purchasing power of $42,636 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) $34,960 $38,082 +$3,122
25th Percentile (P25) $37,200 $40,522 +$3,322
Median (P50) $39,140 $42,636 +$3,496
75th Percentile (P75) $45,700 $49,782 +$4,082
90th Percentile (P90) $49,780 $54,226 +$4,446
Key Insight

A Psychiatric Technicians in Indiana earns $39,140 on paper, but low living costs mean your money goes 9% further — like earning $42,636 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Psychiatric Technicians (After Cost of Living)

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

$54,773
RPP 112.5
$54,276
RPP 89.8
$53,559
RPP 107.6
$53,308
RPP 108.8
$49,744
RPP 97.7
6. Nevada
$49,605
RPP 96.4
7. Oregon
$48,442
RPP 106.6
8. Alaska
$48,372
RPP 102.0
$47,926
RPP 101.3
$47,797
RPP 109.4

Indiana ranks #27 out of 48 states for Psychiatric Technicians after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Psychiatric Technicians in Indiana after cost of living?

A Psychiatric Technicians in Indiana earns a median salary of $39,140 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $42,636 — 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 Psychiatric Technicians in Indiana: $39,140 x (100 / 91.8) = $42,636. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Psychiatric Technicians in Indiana financially?

From a purchasing power perspective, yes. A Psychiatric Technicians 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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