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Psychology Teachers, Postsecondary Salary in Ohio: Cost of Living Adjusted (2024)

What does a Psychology Teachers, Postsecondary salary really buy you in Ohio?

Ohio is 8.5% cheaper than the US average

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

Nominal Salary
$75,300
Median annual (2024)
+9.3%
Real Purchasing Power
$82,295
COL-adjusted (RPP=91.5)

Ohio Cost of Living Index

Ohio's Regional Price Parity (RPP) is 91.5, meaning prices are 8.5% lower the national average. A Psychology Teachers, Postsecondary earning $75,300 in Ohio has the equivalent purchasing power of $82,295 in an average-cost US state.

OH: 91.5
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 Ohio's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $33,980 $37,136 +$3,156
25th Percentile (P25) $49,900 $54,535 +$4,635
Median (P50) $75,300 $82,295 +$6,995
75th Percentile (P75) $95,590 $104,469 +$8,879
90th Percentile (P90) $109,080 $119,213 +$10,133
Key Insight

A Psychology Teachers, Postsecondary in Ohio earns $75,300 on paper, but low living costs mean your money goes 9% further — like earning $82,295 in an average-cost state. This makes Ohio one of the best value states for this occupation.

Best States for Psychology Teachers, Postsecondary (After Cost of Living)

Where does Psychology Teachers, Postsecondary salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$113,122
RPP 88.7
$95,877
RPP 93.4
$94,990
RPP 105.0
$94,640
RPP 112.5
$92,471
RPP 106.4
$91,663
RPP 107.6
7. Oregon
$90,365
RPP 106.6
$90,110
RPP 90.6
$89,231
RPP 89.8
$88,197
RPP 91.0

Ohio ranks #23 out of 50 states for Psychology Teachers, Postsecondary after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Psychology Teachers, Postsecondary in Ohio after cost of living?

A Psychology Teachers, Postsecondary in Ohio earns a median salary of $75,300 per year. After adjusting for Ohio's cost of living (RPP=91.5), the real purchasing power is $82,295 — a +9.3% difference.

Is Ohio expensive to live in?

Ohio's cost of living is 8.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Ohio is 91.5 (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 Psychology Teachers, Postsecondary in Ohio: $75,300 x (100 / 91.5) = $82,295. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Psychology Teachers, Postsecondary in Ohio financially?

From a purchasing power perspective, yes. A Psychology Teachers, Postsecondary in Ohio enjoys 9.3% 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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