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Registered Nurse Salary in Indiana: Cost of Living Adjusted (2024)

What does a Registered Nurse salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

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

Nominal Salary
$80,740
Median annual (2024)
+8.9%
Real Purchasing Power
$87,952
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Registered Nurse earning $80,740 in Indiana has the equivalent purchasing power of $87,952 in an average-cost US state.

IN: 91.8
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 Indiana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $63,720 $69,411 +$5,691
25th Percentile (P25) $74,690 $81,361 +$6,671
Median (P50) $80,740 $87,952 +$7,212
75th Percentile (P75) $96,780 $105,424 +$8,644
90th Percentile (P90) $103,820 $113,093 +$9,273
Key Insight

A Registered Nurse in Indiana earns $80,740 on paper, but low living costs mean your money goes 9% further — like earning $87,952 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Registered Nurse (After Cost of Living)

Where does Registered Nurse salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$124,737
RPP 112.5
2. Hawaii
$123,032
RPP 110.8
3. Oregon
$116,313
RPP 106.6
4. Alaska
$108,519
RPP 102.0
5. Nevada
$105,798
RPP 96.4
$103,244
RPP 97.7
$102,167
RPP 109.8
$98,141
RPP 107.6
$96,989
RPP 91.0
10. Arizona
$96,986
RPP 99.9

Indiana ranks #34 out of 50 states for Registered Nurse after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Registered Nurse in Indiana after cost of living?

A Registered Nurse in Indiana earns a median salary of $80,740 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $87,952 — a +8.9% difference.

Is Indiana expensive to live in?

Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana is 91.8 (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 Registered Nurse in Indiana: $80,740 x (100 / 91.8) = $87,952. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Registered Nurse in Indiana financially?

From a purchasing power perspective, yes. A Registered Nurse in Indiana enjoys 8.9% 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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