Psychologists, All Other Salary in Montana: Cost of Living Adjusted (2024)

What does a Psychologists, All Other salary really buy you in Montana?

Montana is 9.7% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$115,400
Median annual (2024)
+10.7%
Real Purchasing Power
$127,796
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Psychologists, All Other earning $115,400 in Montana has the equivalent purchasing power of $127,796 in an average-cost US state.

MT: 90.3
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 Montana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $26,290 $29,114 +$2,824
25th Percentile (P25) $59,010 $65,348 +$6,338
Median (P50) $115,400 $127,796 +$12,396
75th Percentile (P75) $135,550 $150,110 +$14,560
90th Percentile (P90) $150,010 $166,124 +$16,114
Key Insight

A Psychologists, All Other in Montana earns $115,400 on paper, but low living costs mean your money goes 11% further — like earning $127,796 in an average-cost state. This makes Montana one of the best value states for this occupation.

Best States for Psychologists, All Other (After Cost of Living)

Where does Psychologists, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alabama
$142,995
RPP 87.8
$141,826
RPP 88.7
3. Nevada
$138,713
RPP 96.4
$136,704
RPP 88.0
$136,311
RPP 91.1
$134,401
RPP 93.6
$133,780
RPP 91.0
$132,203
RPP 89.4
9. Kansas
$131,322
RPP 90.0
$130,700
RPP 94.2

Montana ranks #15 out of 45 states for Psychologists, All Other after cost-of-living adjustment.

What To Do Next

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How much do you actually take home? See Psychologists, All Other take-home pay in Montana after taxes →

Frequently Asked Questions

What is the real salary for a Psychologists, All Other in Montana after cost of living?

A Psychologists, All Other in Montana earns a median salary of $115,400 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $127,796 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (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 Psychologists, All Other in Montana: $115,400 x (100 / 90.3) = $127,796. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Psychologists, All Other in Montana financially?

From a purchasing power perspective, yes. A Psychologists, All Other in Montana enjoys 10.7% 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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