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Respiratory Therapist Salary in Indiana: Cost of Living Adjusted (2024)

What does a Respiratory Therapist 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
$77,820
Median annual (2024)
+8.9%
Real Purchasing Power
$84,771
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 Respiratory Therapist earning $77,820 in Indiana has the equivalent purchasing power of $84,771 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) $62,250 $67,810 +$5,560
25th Percentile (P25) $65,670 $71,535 +$5,865
Median (P50) $77,820 $84,771 +$6,951
75th Percentile (P75) $82,610 $89,989 +$7,379
90th Percentile (P90) $89,320 $97,298 +$7,978
Key Insight

A Respiratory Therapist in Indiana earns $77,820 on paper, but low living costs mean your money goes 9% further — like earning $84,771 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Respiratory Therapist (After Cost of Living)

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

$96,486
RPP 107.6
2. Alaska
$92,362
RPP 102.0
$90,773
RPP 112.5
4. Oregon
$90,178
RPP 106.6
$90,112
RPP 97.7
$90,091
RPP 108.8
7. Montana
$89,645
RPP 90.3
$89,163
RPP 98.0
$89,014
RPP 92.3
$88,610
RPP 109.4

Indiana ranks #18 out of 50 states for Respiratory Therapist after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Respiratory Therapist in Indiana after cost of living?

A Respiratory Therapist in Indiana earns a median salary of $77,820 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $84,771 — 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 Respiratory Therapist in Indiana: $77,820 x (100 / 91.8) = $84,771. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Respiratory Therapist in Indiana financially?

From a purchasing power perspective, yes. A Respiratory Therapist 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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