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

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

Rhode Island is 4.7% pricier than the US average

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

Nominal Salary
$90,820
Median annual (2024)
-4.5%
Real Purchasing Power
$86,743
COL-adjusted (RPP=104.7)

Rhode Island Cost of Living Index

Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Psychology Teachers, Postsecondary earning $90,820 in Rhode Island has the equivalent purchasing power of $86,743 in an average-cost US state.

RI: 104.7
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 Rhode Island's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $59,580 $56,905 $-2,674
25th Percentile (P25) $73,590 $70,286 $-3,303
Median (P50) $90,820 $86,743 $-4,076
75th Percentile (P75) $105,320 $100,592 $-4,727
90th Percentile (P90) $138,360 $132,148 $-6,211
Key Insight

While $90,820 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $86,743. Consider whether the higher pay offsets the higher costs.

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

Rhode Island ranks #14 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 Rhode Island after cost of living?

A Psychology Teachers, Postsecondary in Rhode Island earns a median salary of $90,820 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $86,743 — a -4.5% difference.

Is Rhode Island expensive to live in?

Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Rhode Island: $90,820 x (100 / 104.7) = $86,743. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Rhode Island offset the salary?

Partially — a Psychology Teachers, Postsecondary's nominal salary of $90,820 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $86,743. However, Rhode Island may offer better career opportunities, networking, and industry access.

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