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Psychiatrists Salary in New Hampshire: Cost of Living Adjusted (2024)

What does a Psychiatrists salary really buy you in New Hampshire?

New Hampshire is 7.6% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$211,370
Median annual (2024)
-7.1%
Real Purchasing Power
$196,440
COL-adjusted (RPP=107.6)

New Hampshire Cost of Living Index

New Hampshire's Regional Price Parity (RPP) is 107.6, meaning prices are 7.6% higher the national average. A Psychiatrists earning $211,370 in New Hampshire has the equivalent purchasing power of $196,440 in an average-cost US state.

NH: 107.6
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

While $211,370 sounds high, New Hampshire's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $196,440. Consider whether the higher pay offsets the higher costs.

Best States for Psychiatrists (After Cost of Living)

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

$256,856
RPP 89.4
$255,278
RPP 89.8
$241,571
RPP 98.0
4. Georgia
$239,237
RPP 95.8
$225,669
RPP 86.6
$223,608
RPP 87.3
$212,434
RPP 107.6
8. Nevada
$210,435
RPP 96.4
$202,157
RPP 109.4
$196,440
RPP 107.6

New Hampshire ranks #10 out of 15 states for Psychiatrists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Psychiatrists in New Hampshire after cost of living?

A Psychiatrists in New Hampshire earns a median salary of $211,370 per year. After adjusting for New Hampshire's cost of living (RPP=107.6), the real purchasing power is $196,440 — a -7.1% difference.

Is New Hampshire expensive to live in?

New Hampshire's cost of living is 7.6% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New Hampshire is 107.6 (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 Psychiatrists in New Hampshire: $211,370 x (100 / 107.6) = $196,440. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in New Hampshire offset the salary?

Partially — a Psychiatrists's nominal salary of $211,370 in New Hampshire has 7.1% less purchasing power due to higher living costs. The real value is $196,440. However, New Hampshire may offer better career opportunities, networking, and industry access.

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