What does a Psychologists, All Other salary really buy you in Montana?
Montana is 9.7% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02
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.
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 |
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.
Where does Psychologists, All Other salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Montana ranks #15 out of 45 states for Psychologists, All Other after cost-of-living adjustment.
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How much do you actually take home? See Psychologists, All Other take-home pay in Montana after taxes →
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.
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).
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 Montana: $115,400 x (100 / 90.3) = $127,796. 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 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.