AmericaByNumbers.com

Psychologist Salary in Oklahoma: Cost of Living Adjusted (2024)

What does a Psychologist salary really buy you in Oklahoma?

Oklahoma is 11.2% cheaper than the US average

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

Nominal Salary
$91,140
Median annual (2024)
+12.6%
Real Purchasing Power
$102,635
COL-adjusted (RPP=88.8)

Oklahoma Cost of Living Index

Oklahoma's Regional Price Parity (RPP) is 88.8, meaning prices are 11.2% lower the national average. A Psychologist earning $91,140 in Oklahoma has the equivalent purchasing power of $102,635 in an average-cost US state.

OK: 88.8
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 Oklahoma's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $35,990 $40,529 +$4,539
25th Percentile (P25) $71,810 $80,867 +$9,057
Median (P50) $91,140 $102,635 +$11,495
75th Percentile (P75) $119,830 $134,943 +$15,113
90th Percentile (P90) $133,810 $150,686 +$16,876
Key Insight

A Psychologist in Oklahoma earns $91,140 on paper, but low living costs mean your money goes 13% further — like earning $102,635 in an average-cost state. This makes Oklahoma one of the best value states for this occupation.

Best States for Psychologist (After Cost of Living)

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

$130,290
RPP 89.4
2. Oregon
$124,343
RPP 106.6
$123,421
RPP 102.3
$123,010
RPP 88.7
5. Alabama
$114,259
RPP 87.8
$112,524
RPP 92.3
7. Ohio
$111,792
RPP 91.5
8. Iowa
$111,515
RPP 88.4
$111,346
RPP 98.0
10. Nevada
$107,375
RPP 96.4

Oklahoma ranks #16 out of 45 states for Psychologist after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Psychologist in Oklahoma after cost of living?

A Psychologist in Oklahoma earns a median salary of $91,140 per year. After adjusting for Oklahoma's cost of living (RPP=88.8), the real purchasing power is $102,635 — a +12.6% difference.

Is Oklahoma expensive to live in?

Oklahoma's cost of living is 11.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Oklahoma is 88.8 (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 Psychologist in Oklahoma: $91,140 x (100 / 88.8) = $102,635. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Psychologist in Oklahoma financially?

From a purchasing power perspective, yes. A Psychologist in Oklahoma enjoys 12.6% 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.

Related Salary Pages