What does a Psychologists, All Other salary really buy you in Mississippi?
Mississippi is 12.7% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Mississippi's Regional Price Parity (RPP) is 87.3, meaning prices are 12.7% lower the national average. A Psychologists, All Other earning $111,430 in Mississippi has the equivalent purchasing power of $127,640 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Mississippi's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $33,470 | $38,339 | +$4,869 |
| 25th Percentile (P25) | $48,210 | $55,223 | +$7,013 |
| Median (P50) | $111,430 | $127,640 | +$16,210 |
| 75th Percentile (P75) | $143,400 | $164,261 | +$20,861 |
| 90th Percentile (P90) | $157,210 | $180,080 | +$22,870 |
A Psychologists, All Other in Mississippi earns $111,430 on paper, but low living costs mean your money goes 15% further — like earning $127,640 in an average-cost state. This makes Mississippi one of the best value states for this occupation.
Where does Psychologists, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Mississippi ranks #20 out of 43 states for Psychologists, All Other after cost-of-living adjustment.
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A Psychologists, All Other in Mississippi earns a median salary of $111,430 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $127,640 — a +14.5% difference.
Mississippi's cost of living is 12.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Mississippi is 87.3 (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 Psychologists, All Other in Mississippi: $111,430 x (100 / 87.3) = $127,640. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Psychologists, All Other in Mississippi enjoys 14.5% 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.