What does a Psychiatric Technicians salary really buy you in Rhode Island?
Rhode Island is 4.7% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Psychiatric Technicians earning $48,520 in Rhode Island has the equivalent purchasing power of $46,341 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Rhode Island's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $39,380 | $37,612 | $-1,767 |
| 25th Percentile (P25) | $47,620 | $45,482 | $-2,137 |
| Median (P50) | $48,520 | $46,341 | $-2,178 |
| 75th Percentile (P75) | $49,800 | $47,564 | $-2,235 |
| 90th Percentile (P90) | $55,120 | $52,645 | $-2,474 |
While $48,520 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $46,341. Consider whether the higher pay offsets the higher costs.
Where does Psychiatric Technicians salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Rhode Island ranks #16 out of 48 states for Psychiatric Technicians after cost-of-living adjustment.
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A Psychiatric Technicians in Rhode Island earns a median salary of $48,520 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $46,341 — a -4.5% difference.
Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Technicians in Rhode Island: $48,520 x (100 / 104.7) = $46,341. This represents what the salary would be worth in a state with average living costs.
Partially — a Psychiatric Technicians's nominal salary of $48,520 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $46,341. However, Rhode Island may offer better career opportunities, networking, and industry access.